Encryption is nothing new, and it is a big part of what makes any commercial activity carried out online secure. It is important in the world of online gaming. Today’s generation of gaming platforms and online casinos may offer a similar user experience as brick-and-mortar establishments. Even then, transactions have to be secure since players are playing remotely, making them vulnerable to cyber-threats.
Gaming brands are focusing on providing encrypted services amid the rise in investment in the online gaming industry.
Find out why the online gaming industry is at the forefront of encryption and why securing player information is crucial.
Transaction Integrity
Encryption isn’t merely about hiding data – or, at least, making it unintelligible as it passes from one device to its intended recipient. Data encryption helps both gamers and online gaming houses establish the integrity of online actions.
For one thing, it means that when money is added to an account, the online casino has established a digital data trail to protect it from hacking and fraud. Likewise, the person who added credit to their account knows that the transaction is safe. They can trust that the money will be correctly added to their account — not someone else’s — because the payment details have been encrypted. This transaction integrity is essential for forming trust, a key element of any commercial activity, whether online or otherwise.
Regulatory Compliance
Online gaming is regulated in many parts of the world. In some countries, players must be allowed to set their betting limits or impose so-called ‘time-outs’ on themselves.
Many reputable casino brands, such as Jackpot City online casino, provide these sorts of player controls in their selection of slots, jackpots, live dealer games, and classic table games.
Besides betting limits, encryption is also a big part of the regulatory frameworks of many jurisdictions. In other words, without proper encryption, casinos would be in breach of the rules, and fines could be imposed. In some cases, activities might even have to cease due to the loss of operating licenses.
Given these regulatory restrictions on how data can be sent back and forth from player to casino, it simply isn’t in the interests of any operators to skimp in this area.
Player Privacy
Personal data is rightly protected by law. The way online platforms operate is just the same as any other financial establishment that uses online portals to access information. In other words, just like accessing a bank account online, all player’s personal information must be encrypted so that even if a data breach were to occur, the impact would be limited.
Of course, playing histories and other information may also be stored, but it is encryption that allows only authorized persons to access it. Casually browsing a player’s account details and transaction history should be impossible for anyone without the appropriate permissions.
Fair Play
Casinos are built on their reputation for fair dealing, and this can be destroyed if players start to think that they are not being given a raw deal. Of course, there are plenty of fair play aspects that don’t involve encryption, but securing information is a big part of what makes online casinos fair. Imagine a game in which players are betting against one another.
If communications could be intercepted from the casino to one player —such as establishing what type of card they had been dealt— then the whole concept of fair play would soon fall apart. Only when players are confident that their private communications are truly private will they trust the platform. Without modern encryption methods, this is very difficult to achieve.
Conclusion
Digital security needs to be robust in the gaming industry. Along with other measures like two-factor authentication, encryption is pivotal in achieving this. Essentially, its use boils down to a question of integrity.
Online gaming houses that do not have proper encryption systems will typically get found out. This preserves the reputation of online casino brands and gaming platforms and helps them avoid becoming targets of money launderers.
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