Cybersecurity threats pose a significant challenge to the online gambling industry, with criminal activities targeting websites on the rise. The European Gaming and Betting Association (EGBA) has underscored the pressing need for enhanced security measures, particularly during major sporting events. In response, EGBA has formed an expert group to foster collaboration among industry members and address the escalating cyber risks.
Understanding the Threat Landscape:
According to a report by cybersecurity firm Imperva, automated threats comprised 28% of global traffic to gambling sites in 2020, highlighting the attractiveness of these platforms to criminals. Moreover, major events like the European football championships witnessed a staggering 96% increase in cyber threats in 2021, with websites in the UK and Germany being primary targets.
Initiating Collaborative Efforts:
Recognizing the imperative for collective action, EGBA has established an expert group comprising cybersecurity professionals from member organizations. The primary objective is to facilitate information sharing, incident tracking, vulnerability identification, and implementation of best practices. Non-member operators are also encouraged to participate, provided they adhere to cybersecurity and data standards.
Enhancing Cross-Industry Cooperation:
Cyber threats transcend borders and impact operators uniformly, necessitating a united front in combating them. By fostering closer collaboration, the expert group aims to fortify cybersecurity protocols, address emerging threats, and uphold the highest standards of security across the industry.
In the face of escalating cyber threats, the formation of EGBA’s expert group signifies a proactive approach to safeguarding online gambling platforms. Through shared knowledge and concerted efforts, industry stakeholders can effectively mitigate risks, protect customer data, and uphold the integrity of online gaming. This collaborative endeavor underscores the commitment of the gambling sector to prioritize cybersecurity and ensure a secure online environment for all stakeholders.