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Online Casino Conditions >>> Betting News >>> November News

Online Casinos Using New Fraud Detection from iovation
Casino Conditions Staff

One more strike for the online casino cheats and thieves.  iovation, a leading technology developer in fraud prevention and detection is mainstreaming its ieSnare, which is giving gaming operators the back-end power to find and analyze fraudulent devices. Mainly protecting players financial accounts and the online cashier, ieSnare is a sigh of relief to many players and site owners who are experiencing a rise in fraudulent visitors as competition and proliferation of casinos continues to grow.

As the tide of online casino hackers and cheaters grows more each day, so does the technology to keep them at bay.  The latest piece of hardware to hit the scene on a large scale is the ieSnare System developed by the smart minds at iovation.  Truly setting a precedent in fraud prevention and detection, the ieSnare System has already been signed on by biggie casinos and betting sites like Bodog, PointBet, Nine, and Absolute Poker.

Although the system is not designed specifically for online casinos and gaming sites, in a way it is, for its main target is industries that have a large degree of online transactions.  The way it works is that through back-end operatives, the system can match distinctive drive identifiers with to online accounts - and all without revealing an personal account information.

Surely, when the lemon in a crate of eggs is caught (so aptly expressed in a picture on the company's website) all personal information on the thief no longer keeps its autonomy.  Furthermore, any fraudulent devices are forensically examined, identified and placed into iovations Device Reputation Authority, which alerts other iovation clients of specific fraudsters.

As online competition also grows in proportion to the increased transactions on the Web, it seems that more fraudulent business is going on in last ditch attempts to stay afloat.  However, we all know that fraud is no answer to long-term success.  And it surely is not the answer to the unsuspecting gamblers who may also be targeted if not protected by the best in online security and technology.

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