Considering its name, the world’s largest betting exchange may be the last sports betting option that players expected would fall under such a heavy storm. But in the midst of a major scandal that has ripped the company apart from the inside, it is clear that Betfair will not be able to emerge from the incident unscathed. The popular pay head destination is reeling after a scandal that affected more than three million customers that were affected by a massive credit card hacking scam in which the company failed to advise them of the situation.

According to reports, cyber criminals were able to steal 3.15 million account usernames with encrypted security questions, 2.9 million usernames with one or more addresses, and 89,744 account usernames with bank account details. While the site was able to recover the data and ensure that it wasn’t used for fraudulent activity, there is a widespread sportsbook reviews concern with the security of a trusted site that can be subjected to this kind of activity. In a world where the online system is expanding everyday, security triumphs all other aspects of the business and there is simply no excuse for these things happening. A referral by an independent consulting firm called Information Risk Management has already warned customers about using a site that can be exposed to such risks, and it may be a good idea to review the security of any given site before committing to using it.

This entry was posted on Thursday, October 20th, 2011 at 1:17 pm and is filed under Sports News |. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.