With people becoming more involved in online gaming, there have been several disruptions in the cyber world, resulting in severe security concerns—malware, unwanted software, credit card, and personal information theft, to name a few.
What is Risk-Based Authentication?
Risk-based authentication (RBA), also known as adaptive authentication, uses a set of strict rules to monitor a customer’s identity and access. The goal is to ensure that a user profile is not a threat by authenticating it before allowing it access. As the danger levels increase, the limits grow more stringent.
How to Use RBA in the Gaming Industry?
A large number of people engage in online gaming. This includes people of various ages, geographical locations, and criminal histories. This could lead to a rise in gaming-related cybercrime.
The gaming sector should utilize risk-based authentication to combat these crimes. But how does it assist in gaming? The following is the answer:
Confirming the location: Only citizens of the United States are permitted to participate in online betting games. Anyone from another state who participates may face consequences. RBA can verify a user’s location by asking questions or tracking IP addresses to determine what information is required.
Authenticating age: Another characteristic that can be confirmed with RBA is age. Many games have an age restriction that you should adhere to. Authorities can establish the age of users through identity verification.
Authorities can collect data from users through digital identity verification. Name, address, and date of birth are examples of data. RBA can compare this information to current records to verify if it’s correct or if it’s been updated recently.
KYC helps to prevent money laundering: Many people utilize money obtained through criminal procedures or money laundering to participate in internet gaming or betting. In these cases, know your customer (KYC), and anti-money laundering measures are taken into account. When there is a suspicion, the KYC is usually not required at the moment of signing in. Suspicion may emerge when a user pays a large sum of money in one transaction.
Identity verification occurs during the KYC process, and it entails the examination of a user’s documents and photographs. The entire risk mitigation process is made smarter by incorporating AML and KYC at the time of payment for gaming.
What Should a Risk-Based Authentication System Include?
A good RBA can mean the difference between a safe and harmful gaming experience. When selecting an RBA, check for the following features:
Real-time data: Having access to real-time data allows you to discover threats early on and prevent them from affecting the gaming system.
User analytics refers to all of the information on a user, such as their name, address, and age. This data aids in the identification of possible cybercriminals.
Multi-factor authentication or verification: If a risk is detected or a user appears suspicious, RBA can employ multiple authentications. It involves requesting more information that may provide useful details about a user’s background.
Passwords are often used for authentication, but other configuration policies assist set up advanced technology like RBA, which protects the gaming industry’s security and smart working.
In the gaming industry, it is impossible to create an application that protects against everything. While it is essential to protect sensitive data in electronic gaming environments, it is also vital to develop systems that keep the joy and thrill of online gaming alive. It’s possible thanks to Risk-Based Authentication.