BetVictor has enhanced its commitment to player security, unveiling a two-factor authentication as it looks to protect all new and existing customer accounts.
The in-house-developed multi-factor authentication will safeguard against compromised account details and significantly reduce the risk of a customer becoming the victim of fraud or identification theft.
Jonathan De La Rosa, Chief Technology Officer at BetVictor, commented on the importance of the new technology: “Online crime and internet fraud are on the rise and businesses with an online presence are targets. Thus, it’s crucial for our company to have effective security systems in place to mitigate the risk of security breaches. A large number of cyber-attacks are password related and integrating multi-factor authentication on our platforms, demonstrates our continued efforts to safeguard our customers’ data.
“We’re proud of what we’ve achieved so far with our products and we’ll continue to develop this service as part of our commitment to our customers and our mission to provide best-in-class technology solutions.”
With 81 percent of hacking-related data breaches resulting from weak or stolen passwords (Verizon, 2017), this extra layer of security from BetVictor will ensure customer accounts are secure before their initial deposit and during all future transactions.
BetVictor has introduced 2FA via SMS, meaning every new and existing customer that opts-in will receive a unique code on their mobile device to authenticate their registration. BetVictor joins a handful of industry operators currently offering this technology as part of its commitment to prioritising customer security.