Security Industry Leader ASMAG.com Covers Online Gaming Fraud
We applaud ASMAG.com’s thought leadership in the global security industry and appreciate the coverage given to Kount in the article "Online casinos are on the rise. So is sophisticated fraud".
Here are some highlights from the article:
“According to market research analysts at Technavio, the global online gambling market is expected to grow at a CAGR of over 9 percent by 2020. Until recently online gambling was not legal in several countries across the globe, but this appears to be changing, especially as governments realize the revenue that can be generated from this vertical.”
“However, the growth of online gambling has also given rise to a new breed to fraudsters who are tech-savvy and relentless in their pursuits to steal money. In other words, fraud is serious business. When it hits, the losses can be insurmountable, not just in terms of money but also customer confidence and reputation.
This is why companies like Kount that offer fraud and risk management solutions for online businesses are becoming increasingly relevant.”
If you haven’t already checked out ASMAG.com, we invite you to – the site is a great place for security industry news and asmag Reports.
To learn more about how to reduce eCommerce fraud for online gaming and gambling, join us for a 30 minute webinar on August 17th at 11:00 am PDT.