is KYC data on Gambling sites safe?

[mak013]

In fact, hacking is more common through kyc sites, because the KYC system of gambling platforms requires you to provide any personal information first, so the risk is high and no one can trust you in gambling, so it is better to stay away from casino kyc sites. Also before choosing a casino you should personally check how the platform works, whether it complies with all the rules, whether it meets the requirements and whether it cheats the players. It is important to know what the user feels during the game. Good casino sites do not require kyc now most casinos have fines in kyc.

Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only casino as the site that can be hacked.

[CryptSafe]

KYC is basically a prerequisite for most online casinos. They do this in other to know who they are dealing with. Moreover, it is believed that such policies are mostly from government imposed on most casinos as to know and have details of their clients and how much they spend to know basically their source of wealth.

KYC keeps track of ones activities online and offline one done because I believe government request this from casinos as enshrined in their terms of operations when signing up.

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.
I do not see KYC as safe though but one have no choice than to tag along if you must have asses to those platforms.

[tusandii]

-snip-

Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only casino as the site that can be hacked.

Every site can indeed be hacked, but don't you believe that the system on the casino site has also been designed to maintain security from hacking?
What's more, for large, popular casino sites, of course they already have adequate security which can make it difficult for hackers trying to infiltrate the site.

Talking about KYC, we don't need to worry and be afraid to give it because in some time, I'm sure all casinos can implement a KYC system for their customers.
But back to the choice of gamblers whether they wish to gamble in casinos that implement KYC or not.

[Awaklara]

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.

trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

[Fredomago]

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.

trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Very possible to happen. They can just close the one that is no longer profitable, then start a new one, and that's it. Hard call to each gamblers who are not in favor of providing KYC, though most of the time especially if you are in need of transferring your winning money the chance of being ask for the KYC is really possible, you can't stay anonymous as even in a small amount of funds casino may require you to submit your data for verification purposes.

[Learn Bitcoin]

Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only one casino as the site that can be hacked.

There is nothing safe on the internet. We don't know if a casino will be hacked or not. Some casinos use third-party websites to collect KYC data and some casinos do this themselves. I don't know if casino data was leaked before. Even if they were leaked, they won't announce it publicly. Hackers sell those KYC data on the Dark web. KYC Data can be hacked from any websites like Casinos, exchanges, or any other sites that store users' personal data. You don't know if your data is already stolen. Even the BitcoinTalk database was hacked at some point. Whoever used an old password and still uses that password on other platforms, they are at risk.

[Fesatmas]

No doubt, the regulations required the gamblers to submit their KYC, as it's one of the requirements from the casino for you to
enjoy the full usages of the platform.

Though there are some that can still allow you to play but with a minimal money involve, but once you request to withdraw larger amounts
the requirements will be implemented and you don't have any other choice but to comply.

It's about trust, as you can't do anything if you need to play or if you need to get your money out.

Previously, when I was new to gambling, I was a little worried if I had to submit my personal data and then verify it, because this involves someone's personal data which is very vulnerable to the possibility of being misused by several other parties. But indeed this is a rule that has been set by all systems and I think this is a natural fear for someone who has just done it. There is no other way but to comply and so far I don't think there has been any negative impact that has come to me after following all these requirements.

[CryptSafe]

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.

trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Wether bankrupt, gaining or loosing members trust or not  if they want to sell clients data , they could do it as that is just their ways. If I may ask do you know what goes on within the team members? I know you would tell me no. That is the more reason there is the possibility of they trading with their clients data which is possibly right. Most people have no Idea all these they do and at some point, they act very strange of blocking and suspending clients account which is very terrible and frame up stories just to get data from the client before releasing the wins to them and in some cases, they do not give them their wins not to talk of their investment..

[maydna]

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.

trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Wether bankrupt, gaining or loosing members trust or not  if they want to sell clients data , they could do it as that is just their ways. If I may ask do you know what goes on within the team members? I know you would tell me no. That is the more reason there is the possibility of they trading with their clients data which is possibly right. Most people have no Idea all these they do and at some point, they act very strange of blocking and suspending clients account which is very terrible and frame up stories just to get data from the client before releasing the wins to them and in some cases, they do not give them their wins not to talk of their investment..

And we will not know what the casinos will do and will only hear from the media. Team members may not be able to work together again if the casino has started to show bankruptcy, and they will get out of the casino to save themselves before the casino goes bankrupt. And a casino that doesn't care about its members will place a lot of requirements on them so that the casino can get their personal identity so they can use it for other purposes. And this is why we won't know where the casino will use all the identities of its members because they could just sell all the identity data to other parties to get money. That's why we have to make sure of the place before we verify on any site to avoid things that might happen in the future. And it's better not to send any document before we are sure they can take good care of it.

[Youngkhngdiddy]

 KYC otherwise called know your customer is a
Mandatory policy whereby financial institutions used in identifying their customers it's was mostly used by banks, but later adopted into crypto currency due to fake accounts from bots as well as minimising theft, but of lately the kyc policy have been introduced to gambling World whereby most online casinos and betting sites use it to keep track of the identity of their customers which I find as a very good idea in a case of theft or loss of account to hackers, a customer Could easily prove the ownership of his account without any doubt.

 I see kyc as a very good idea in the gambling sector case it helps reduce risk factors like i stated earlier I've once done kyc on a gambling site with my national Id and till date I've not have any issues with the app misuse of my information by them rather made my account more secure,it also help most bookies identify underage users going against there underage policy.

[mak013]

If you data is secret - the best way don`t share it. Nowadays we see how big companies loose their clients data. So when we talking about casino - we have to assume that our data would be stolen. But as for me - we lose our data every day, and if you worry about it - you mustn`t provide your data anybody, not only casino.

The way things are these days with centralized businesses with regulations and licenses and authorities suing and seizing companies and websites, I doubt if users really have any choice. To be able to gamble online, you will either need to provide KYC information or choose to risk your money by choosing a platform that doesn't ask for KYC but isn't trusted and reputable, now it's up to a gambler which of these two options he chooses.

Personally, I would rather choose a trusted and reputable platform and complete my KYC to experience uninterrupted gambling instead of using a platform that I don't trust nor does the community to risk my money and I might not even be able to withdraw if I manage to win something significant.

Exactly. Today i share my data with huge quantity of companies all other the world. And i can`t even name the company that will lose my data. Of course it doesn`t mean that we can KYC everywhere - we have to make at least minimal analyze of the site before KYC, because there are lots of fake sites and sites that were created just to collect users data.

[stomachgrowls]

If you data is secret - the best way don`t share it. Nowadays we see how big companies loose their clients data. So when we talking about casino - we have to assume that our data would be stolen. But as for me - we lose our data every day, and if you worry about it - you mustn`t provide your data anybody, not only casino.

The way things are these days with centralized businesses with regulations and licenses and authorities suing and seizing companies and websites, I doubt if users really have any choice. To be able to gamble online, you will either need to provide KYC information or choose to risk your money by choosing a platform that doesn't ask for KYC but isn't trusted and reputable, now it's up to a gambler which of these two options he chooses.

Personally, I would rather choose a trusted and reputable platform and complete my KYC to experience uninterrupted gambling instead of using a platform that I don't trust nor does the community to risk my money and I might not even be able to withdraw if I manage to win something significant.

Exactly. Today i share my data with huge quantity of companies all other the world. And i can`t even name the company that will lose my data. Of course it doesn`t mean that we can KYC everywhere - we have to make at least minimal analyze of the site before KYC, because there are lots of fake sites and sites that were created just to collect users data.

Why anyone or someone would really be that much mindful about such information considering that we've been doing some KYC even with those traditional transactions that we do have in real life or done physically?

It is somewhat understandable that we do really give out that importance when it comes into our privacy on which it would really be just normal that some person would really be that keen on sharing or giving out our information on which having the fear that those information would really be leaking out or being might used on other some reason. Its true that we are really that coming into a point which regulation and
government intervention becomes even more strict, despite that these are really that crypto based related platforms or companies but still they are really that going abiding with their rules and terms.

If you are someone who do make use of such service or whatsoever it would be but they are really that under about government laws then you wouldnt really be having no choice but to comply.
Getting scared? There's no other choice.

[TheGreatPython]

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.

trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Well, this is basically the reason why using new and untrustworthy casinos is not a good option, one might use a new casino if they want to check it out but they should never complete their KYC verification with them because they are not trustworthy and don't have a good reputation so they can do almost anything with users' data, so a user joining a new platform only to try it out should basically never provide them their personal documents as that isn't free of risk.

I understand that hacks and exploits can even happen with reputable platforms but at least they wouldn't sell the data only to get money which is what a new and untrustworthy casino might do if they need money or even if they are planning to scam their gamblers and run away with their funds.

[Blitzboy]

In some cases, these casinos claims of hack as a result of data leakage which I see as a cooked up story. In the real sense, most data are being traded in exchange for something based on their agreement.

trading data that the casino might carry out to other parties, it is actually detrimental to the casino. maybe you can argue about their hacked security system, but that will reduce the member's trust.
this kind of thing usually happens in casinos that are almost bankrupt. or indeed their reputation has started badly. so they no longer care about the data being sold. because maybe casinos like that can close their casinos and do similar businesses with different names.

Well, this is basically the reason why using new and untrustworthy casinos is not a good option, one might use a new casino if they want to check it out but they should never complete their KYC verification with them because they are not trustworthy and don't have a good reputation so they can do almost anything with users' data, so a user joining a new platform only to try it out should basically never provide them their personal documents as that isn't free of risk.

I understand that hacks and exploits can even happen with reputable platforms but at least they wouldn't sell the data only to get money which is what a new and untrustworthy casino might do if they need money or even if they are planning to scam their gamblers and run away with their funds.

Its too black-and-white. Its important to distinguish new casinos. Your anxiety is justified but excessive. New businesses value reputation, security, and user data. A blanket distrust precludes exceptions.

KYC is risky. Sharing sensitive data is difficult, but KYC is a two-way street. It prevents fraud and enforces regulations to safeguard operators and players. Regardless of age, a casino that follows strict KYC practises is usually trustworthy.

However, even well-established casinos can commit crimes. Reputation doesn't guarantee infallibility. I'm not dismissing your concerns, but online gambling is risky. Pick your battles, be careful, and stay alert. Always.

[mak013]

Exactly. Today i share my data with huge quantity of companies all other the world. And i can`t even name the company that will lose my data. Of course it doesn`t mean that we can KYC everywhere - we have to make at least minimal analyze of the site before KYC, because there are lots of fake sites and sites that were created just to collect users data.

Why anyone or someone would really be that much mindful about such information considering that we've been doing some KYC even with those traditional transactions that we do have in real life or done physically?

It is somewhat understandable that we do really give out that importance when it comes into our privacy on which it would really be just normal that some person would really be that keen on sharing or giving out our information on which having the fear that those information would really be leaking out or being might used on other some reason. Its true that we are really that coming into a point which regulation and
government intervention becomes even more strict, despite that these are really that crypto based related platforms or companies but still they are really that going abiding with their rules and terms.

If you are someone who do make use of such service or whatsoever it would be but they are really that under about government laws then you wouldnt really be having no choice but to comply.
Getting scared? There's no other choice.

I`m talking about it for a long time. There are some people that can`t share their private data, some people are afraid that someone will cheat with their data, someone thinks that secrete service watching at him. But it is small percent i think. And they have to choose would they use these services or not. Lots of things nowadays we can do from home, but we pay for it with our data. Everyone can choose his way himself.

[Slow death]

KYC otherwise called know your customer is a
Mandatory policy whereby financial institutions used in identifying their customers it's was mostly used by banks, but later adopted into crypto currency due to fake accounts from bots as well as minimising theft, but of lately the kyc policy have been introduced to gambling World whereby most online casinos and betting sites use it to keep track of the identity of their customers which I find as a very good idea in a case of theft or loss of account to hackers, a customer Could easily prove the ownership of his account without any doubt.

 I see kyc as a very good idea in the gambling sector case it helps reduce risk factors like i stated earlier I've once done kyc on a gambling site with my national Id and till date I've not have any issues with the app misuse of my information by them rather made my account more secure,it also help most bookies identify underage users going against there underage policy.

It is true that doing kyc on casino sites is something that you have no other option, but you also need to be very careful because what has happened is that many new casinos when they appear they offer high sign-up bonuses and this attracts many people who they think they are going to win a lot with the bonus, but these new casinos also ask for kyc and with people they prefer to kyc because they are looking at the bonus than thinking about the great risk and danger they are running when they deliver their documents in the new casino, and the the saddest thing about all this is that such casinos are casinos created very recently

they keep putting absurd kyc, they wait for people to deposit money, win and just when people want to withdraw money the casino asks for kyc and when people do the kyc the casino lied and said that people have many accounts or handed over fake documents , it is perceived that the casino is lying because cases of this type become many and when people use conflict intermediation sites the casino refuses to provide the documents that they supposedly believe to be fake, that is, scam casinos use tos and kyc to hold money from people

[Onyeeze]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

In platform that ask the customers for Kyc verification, the customers should know that no platform that can use a customers original document for something else or review it, I believe that customers our document use for online verification is protected by the platform, many people today is having issues of Kyc in platform because they use fake document that doesn't correspond with their credentials, we don't need to take some risk that kyc is not important if platform demands for it. The purpose of having a kyc is to know the customers if they are legit or not and also protects the interest of customers but people find it difficult to perform their kyc

[wxa7115]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

In platform that ask the customers for Kyc verification, the customers should know that no platform that can use a customers original document for something else or review it, I believe that customers our document use for online verification is protected by the platform, many people today is having issues of Kyc in platform because they use fake document that doesn't correspond with their credentials, we don't need to take some risk that kyc is not important if platform demands for it. The purpose of having a kyc is to know the customers if they are legit or not and also protects the interest of customers but people find it difficult to perform their kyc

While it is possible there are some people out there which are mad about those polices as it is becoming more difficult for them to use fake credentials to get away with their multiple accounts and their bonus abuse, I really think they are the minority.

The majority of the people that are mad about this are people that simply prefer to have a high level of privacy, after all this was one of the promises that this market offered, a promise which is slowly disappearing as more casinos implement those policies.

[Bitinity]

As we know, many gambling sites have Kyc requirements when making withdrawals. Some people may not have a problem with this condition, but some people think differently about doing Kyc. Some people refuse to fill in their Kyc data for fear of being misused. That's a natural thing, but is the worry too much?

In platform that ask the customers for Kyc verification, the customers should know that no platform that can use a customers original document for something else or review it, I believe that customers our document use for online verification is protected by the platform, many people today is having issues of Kyc in platform because they use fake document that doesn't correspond with their credentials, we don't need to take some risk that kyc is not important if platform demands for it. The purpose of having a kyc is to know the customers if they are legit or not and also protects the interest of customers but people find it difficult to perform their kyc

Still, there are some bad possible risks that may happen once you submit your personal documents into an online platform (not only online casinos). Indeed, reputable casinos will try to protect their user's data but there is still possibility of something unexpected such as hacker or even internal naughty staffs who want to take an advantage for themselves by selling the user's data/documents in the dark web. I'm not against KYC in general but I do prefer to keep myself safe in this area, so I prefer to not doing KYC in online casinos for privacy purpose.

[piebeyb]

Every site can be hacked. KYC in casino is same like in some bonus program in the shop. Of course we are talking about well known casinos.
So the only position that can be about KYC is not about casino. If you`re afraid that you data can be stolen - don`t KYC anywhere. The casino`s KYC is just a part of the system - you can`t choose only one casino as the site that can be hacked.

There is nothing safe on the internet. We don't know if a casino will be hacked or not. Some casinos use third-party websites to collect KYC data and some casinos do this themselves. I don't know if casino data was leaked before. Even if they were leaked, they won't announce it publicly. Hackers sell those KYC data on the Dark web. KYC Data can be hacked from any websites like Casinos, exchanges, or any other sites that store users' personal data. You don't know if your data is already stolen. Even the BitcoinTalk database was hacked at some point. Whoever used an old password and still uses that password on other platforms, they are at risk.

Yes you are right about this but you don't need to think much about casinos or exchange sites that will be hacked then identity is sold by hackers, government sites can still be hacked even many hackers sell information data out there, so it's not strange to think that it's safe or not, it's definitely not safe anywhere on the internet, but keep in mind that it's a part of the Casino rules so we can't ignore or ignore it.

If you think KYC is something complicated, you don't need to play gambling at a licensed casino and ask its users to complete KYC because of course it won't be safe, but I consider this a risk as I entrust the casino to hold my money and that too is part of the risk. life always has a risk depending on how we choose whether we want it or not. that is easy