With millions of transactions going through in the online casino industry daily, security has become paramount. The increased use of technology has made transactions easy but with the increased use of technology, issues related to player safety and player data breach are becoming a major threat. Understanding the importance of security in this dynamic environment is not just a matter of compliance, but a crucial aspect of maintaining player trust and industry reputation.

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The sports betting market has witnessed exponential growth in recent years, particularly in the United States. Following the U.S. Supreme Court’s decision in 2018 to strike down the Professional and Amateur Sports Protection Act in Murphy v. NCAA, the industry has seen a dramatic shift. By the end of 2024, it’s estimated that as many as 45 states may have legal sports betting, a significant increase from the 24 states plus the District of Columbia that had legalized it as of 2021??. The financial stakes are enormous, evidenced by the over $270 million in legal wagers placed on Super Bowl LIV in 2020, a figure dwarfed by the estimated $6 billion wagered overall for the event??.

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If you are a casino enthusiast, cybersecurity is important. As online gambling continues to grow, so too does the risk of cyber-attacks, which could rob you of all your hard-fought winnings. Sometimes, players’ data are the subject of these cyber-attacks. In this article, we will explore cybersecurity measures to protect your winnings and information from the crawling hands of cybercriminals.

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In 2016, the EU replaced the 1995 Data Protection Direction with the GDPR (General Data Protection Regulation).

This legislation was in response to the growing number of companies who were collecting, analysing, and then using personal user data either as a monetisation opportunity or to create personalised marketing campaigns.

According to the legislation, data privacy is a basic human right, and companies collecting and storing data need to do so in an appropriate, secure, and trustworthy manner.

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Businesses operating in the healthcare industry in the United States need to comply with the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This federal law is designed to protect the privacy and security of patient health information. The U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) enforces the HIPAA Rules. 

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Recently, the cryptocurrency economy has been plagued with several regulations. These regulations limit the amount of Fiat currencies to be exchanged in a day with crypto. Another of these regulations involves the creation of tokens, and how they’re minted.

These regulations exist only in certain jurisdictions. However, they can make you worry about the future of cryptocurrencies. Although rules are required to maintain order, we may be unable to abide by them, if we do not understand what they are.

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