BetVictor launches two-factor authentication to combat security breaches
Gibraltar-based operator goes live with in-house developed verification tool to protect customers against fraud and ID theft
BetVictor has today introduced two-factor authentication (2FA) technology to protect all new and existing customer accounts.
The multi-factor authentication is designed to safeguard against compromised account details and reduce the risk of a customer becoming the victim of fraud or identification theft.
BetVictor has introduced the 2FA software via SMS, so that every new and existing customer that opts-in will receive a unique code to their mobile to authenticate registration.
BetVictor CTO Jonathan De La Rosa said: “Online crime and internet fraud are on the rise and businesses with an online presence are targets.
“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 mission to provide best-in-class technology solutions,” he added.
BetVictor launched an investigation in June after it was revealed on medium.com that a password list for its internal systems was made available to view on its desktop betting website.
The two-page document featured a list of links to office operating systems, including a number of usernames and passwords.
Security researcher Chris Hogben uncovered the document through BetVictor’s customer support pop-up search box, before emailing the operator to alert them to the leak.