why some players still fear kyc?

[Hispo]

Ledger Leak

Source: https://haveibeenpwned.com/Breach/Ledger

What Happened
In June 2020, the hardware crypto wallet manufacturer Ledger suffered a data breach that exposed over 1 million email addresses. The data was initially sold before being dumped publicly in December 2020 and included names, physical addresses and phone numbers. The data was provided to HIBP by Alon Gal, CTO of cybercrime intelligence firm Hudson Rock.

There are many reasons some people are very scared of KYC and giving their information to casinos and other companies. Let us talk about the case of Ledger and their damaging 2020 leak, in which people who their email and even physical addresses leaked to scammers on the internet.
If a company of hardware wallets are neglectful enough to store and compromise personal information of their clients, then casinos could also suffer from the same mistakes.

That is why non-KYC continue to be attractive to people, regardless of their motivation. Perhaps, it is because some many of them have suffered from those leaks as well in the past and they do not want to continue to get their information leaked and being traded for money in the dark web.

In those instances, I completely understand why so many people would opt to gamble on some unregulated private enhanced casinos.

If some of you did not have knowledge of the case of Ledger Leak, you should take a look at it.

[alastantiger]

We cannot be 100% certain that our personal data will never be shared with someone else or stolen. I doubt that any casino or bookmaker can guarantee complete protection of such information. Employees have access to these databases, and they may not always act responsibly. Hackers may also gain access to the data. Even government databases have been breached and sensitive information stolen, so it is hard to expect ordinary casinos to be completely immune to such risks.

Apart from the players that are not playing fair, the real ones are scared of KYC because of the reason you wrote above and I strongly believe you are not far from the truth. Only those that are gambling in a country that gambling isn't permitted or making use of public funds that were meant to be used for other important things to gamble or making use of money that are meant for other services then they are afraid to complete their KYC because they think that it can be exposed in the future and they get discredited, this are the only people I can think about that will be scared of KYC but speaking from the general point of view KYC are not that secured and this does not matter if the platform you will be making use of is a casino, and exchange or any other platform because there is no centralised platform that has total security. 

[Onyeeze]

We cannot be 100% certain that our personal data will never be shared with someone else or stolen. I doubt that any casino or bookmaker can guarantee complete protection of such information. Employees have access to these databases, and they may not always act responsibly. Hackers may also gain access to the data. Even government databases have been breached and sensitive information stolen, so it is hard to expect ordinary casinos to be completely immune to such risks.

some casinos that is fully registered always protect their database but all those casinos that is newly launched they don't have such time to protect their Data Base so the comparison is that information from casino platform cannot be easily linked out because people do not get much benefit from gambling platforms but if it is an exchange we have some currencies are being changed from one currency to another, how can easily hack their database and get all the necessary information they needed to invad their platform

[bubilas]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

I think it doesn't make sense to be afraid of KYC for a long time because, for example, in the country where I live, the fines for information leakage are huge. This was accepted not so long ago, but now the nozzle of such truncation of campaign information will pay a penalty as a percentage of its output. And this is serious, especially for the huge campaign giants. Hacking methods have long been studied and hackers have long argued that it is easier to make a leak through a person by resorting to the so-called "my complete engineering" rather than trying to get through the gaping protective algorithms of programs and interfaces.

[imthegreat]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

I think it doesn't make sense to be afraid of KYC for a long time because, for example, in the country where I live, the fines for information leakage are huge. This was accepted not so long ago, but now the nozzle of such truncation of campaign information will pay a penalty as a percentage of its output. And this is serious, especially for the huge campaign giants. Hacking methods have long been studied and hackers have long argued that it is easier to make a leak through a person by resorting to the so-called "my complete engineering" rather than trying to get through the gaping protective algorithms of programs and interfaces.

I agree, because it's been a long time since I've heard news about major document leaks and online casino hacks. If you think about it, I haven't heard any news about casinos being hacked in the last five years. But I can assume that the guards of gamblers and bettors are connected with the fact that online casinos can quietly sell documents to a third party and have such earnings. This may well be the case, and I even came across something similar when one bookmaker did not want to let me enter my winnings asking for all new documents.

[CryptoYar]

When big betting site invests so many years and millions of dollars to create strong brand, there is no way they want to put it all at stake with all out data breach due to simple ID. In my opinion, although legitimate site would be very protective of their reputation, players must apply multi layered defense. Step one is dealing with heavily regulated casinos, yet you can also shield on your own by utilizing devoted emails as well as solid and unique game passwords. Whilst it is okay to simply trust house that is established since they have their own skin in game, best move to make is to keep your digital footprint to minimum so you can enjoy games without always worrying about your identity.

[Grace333]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

I would like you to see it from this angle, if any casino should leak out information of their customer, no customer would know because that is definitely not the first place they've used thei KYC for verification before online casinos became this popular we have had series of rumors and alleged cases of bankers leaking out customer details from their BVN to scammer for some amount of money. So even if casinos are doing that you'll still have no clue from where it's coming from and that's why it sucks.

[Orpichukwu]

It's not entirely their fault. Accidents on casino sites still happen. In some cases, even trusted sites can be attacked and hacked, resulting in data leaks. Some users prefer to protect their data by not performing KYC unless it's required by the casino site they intend to play at.

Anyone who is so concerned about the privacy of their data should not be using casinos which require KYC so that it doesn't get to a point where the casino will have to request that from them in a case of either they provide it or they let go of their fund which is in the control of the casino, aside from casinos getting hacked. There have also been rumours of inside jobs selling of such data to third parties without the full consent of the casino owners.

[AmaGold70]

I think gamblers who fear KYC does not fully understand the benefits of enrolling in KYC. Gambling websites gives protective attention to your account, and making sure is not tampered by any online intruder, this benefits are not applied to non KYC account holders. Besides, legitimate gambling sites who prioritize the safety of their customers online does not expose their account details to people online, instead they watch over carefully those accounts that have fully verified their KYC , and ensure no harm is being done to them.
When you verify KYC in any site, it is a sign that you are their real customer, and also a sign that you value doing business with them, and to maintain that trust, they will grant you all the benefits of a loyal customer, including account protection.

[liasbaa]

It's not entirely their fault. Accidents on casino sites still happen. In some cases, even trusted sites can be attacked and hacked, resulting in data leaks. Some users prefer to protect their data by not performing KYC unless it's required by the casino site they intend to play at.

Anyone who is so concerned about the privacy of their data should not be using casinos which require KYC so that it doesn't get to a point where the casino will have to request that from them in a case of either they provide it or they let go of their fund which is in the control of the casino, aside from casinos getting hacked. There have also been rumours of inside jobs selling of such data to third parties without the full consent of the casino owners.

Either way your personal information can be leaked to others. Most online casinos do not maintain their transparency, as you said, your information can be leaked by internal employees and sometimes casinos are hacked.
Online casinos are risky for people who are suspicious of the confidentiality of their personal information, but in addition to online casinos, your documents can be stolen for example when opening an account at a bank or during government verification of citizens' personal information.

[avp2306]

I think gamblers who fear KYC does not fully understand the benefits of enrolling in KYC. Gambling websites gives protective attention to your account, and making sure is not tampered by any online intruder, this benefits are not applied to non KYC account holders. Besides, legitimate gambling sites who prioritize the safety of their customers online does not expose their account details to people online, instead they watch over carefully those accounts that have fully verified their KYC , and ensure no harm is being done to them.
When you verify KYC in any site, it is a sign that you are their real customer, and also a sign that you value doing business with them, and to maintain that trust, they will grant you all the benefits of a loyal customer, including account protection.

People provably know that this is part of protecting their accounts. Since if they provide their KYC they can always verify the ownership of the account they created.

But we cannot also take out the risk on which just like what other people said here, which their data may possible leak if there's data breach will happen. Incident like that happen and even big platforms experience that issue.

So aside for thinking about being compliant, much better also to seek for most reputable platform to avoid getting an issue.

[Y3shot]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

I don't know other's but for me , submitting my KYC is pain in the ass. I usually don't wants to use my real identity info, it's better to be anonymous. What's the garuntee that they can keep the data safe. Even giant company like google and meta their data sometimes gets breached.
Casino provider's can ask KYC if they found anything suspicious but force kyc is the worse thing for me. If any casino asks it I don't go near them anymore. There is lot's of reputated casino don't asking kyc for me, so if I have the option why I would go for that hassle to submit my KYC?

Privacy is key; that is why most gamblers prefer to gamble with casinos that are anonymous. I think the main reason why casinos do ask for KYC is that they believe this is the only way they can regulate the casino against gamblers whose ultimate intention is to cheat and make money from the casino. However, casinos also need to consider customer data because they might think they can keep this data private, but anything can happen. I believe casinos can still try other means of keeping the casino clean without risking customer data, which wouldn't be good if the casino mistakenly exposes it.

[CryptSafe]

It's not entirely their fault. Accidents on casino sites still happen. In some cases, even trusted sites can be attacked and hacked, resulting in data leaks. Some users prefer to protect their data by not performing KYC unless it's required by the casino site they intend to play at.

Anyone who is so concerned about the privacy of their data should not be using casinos which require KYC so that it doesn't get to a point where the casino will have to request that from them in a case of either they provide it or they let go of their fund which is in the control of the casino, aside from casinos getting hacked. There have also been rumours of inside jobs selling of such data to third parties without the full consent of the casino owners.

This is absolutely the best thing to do for those who are not okay with KYC requirements on casino platforms.  Avoiding such platforms means your privacy is important to you as a person and irrespective of whatever promotion or bonuses they are offering, you will have no need to partake in them.

One thing we all should know is that no platform is above hack attempt. After all, big exchanges got hacked and data breaches occurred which we all are aware of so it is possible that any platform can be hacked at anytime with the hackers getting access to information and database of the platform. As for the inside jobs, no doubt things of such nature likely happens although I have not witnessed anything of such yet but the possibility of it happening is high.

[eisen33]

People provably know that this is part of protecting their accounts. Since if they provide their KYC they can always verify the ownership of the account they created.

But we cannot also take out the risk on which just like what other people said here, which their data may possible leak if there's data breach will happen. Incident like that happen and even big platforms experience that issue.

So aside for thinking about being compliant, much better also to seek for most reputable platform to avoid getting an issue.

Data leaks don’t happen very often, and it’s not always necessary for a platform to get hacked for that to happen. There are also dishonest employees who may sell databases. Maybe it happens less often, but it still exists, and this is not only about casinos, things like this sometimes happen even in the banking sector. I think players are most concerned about verification because casinos may share this data upon request from law enforcement agencies. Maybe even tax authorities, and then you could be required to pay taxes on your winnings, especially if the winnings are large. Honestly, I don’t really know exactly how it all works, and I don’t want to dig into it. It’s better to play at casinos that don’t require verification.

[coinrifft]

Data leaks don’t happen very often, and it’s not always necessary for a platform to get hacked for that to happen. There are also dishonest employees who may sell databases. Maybe it happens less often, but it still exists, and this is not only about casinos, things like this sometimes happen even in the banking sector. I think players are most concerned about verification because casinos may share this data upon request from law enforcement agencies. Maybe even tax authorities, and then you could be required to pay taxes on your winnings, especially if the winnings are large. Honestly, I don’t really know exactly how it all works, and I don’t want to dig into it. It’s better to play at casinos that don’t require verification.

Doesn't happen very often, but once some services has been hacked and your data are into it, then you could have experience the worst thing in the online world as your are at the mercy of the hackers as they can used your personal info in ways that you just don't know or imagine.

Just like what happen to one famous hardware wallet data leaks, as you can see not only online attacks but criminals are trying to do the physical acts or what we call $5 wrench attacks. And the only way to avoid it is to change house numbers but then again, they have your full name already and other pertaining identification.

[dwyane36]

I think gamblers who fear KYC does not fully understand the benefits of enrolling in KYC. Gambling websites gives protective attention to your account, and making sure is not tampered by any online intruder, this benefits are not applied to non KYC account holders. Besides, legitimate gambling sites who prioritize the safety of their customers online does not expose their account details to people online, instead they watch over carefully those accounts that have fully verified their KYC , and ensure no harm is being done to them.
When you verify KYC in any site, it is a sign that you are their real customer, and also a sign that you value doing business with them, and to maintain that trust, they will grant you all the benefits of a loyal customer, including account protection.

I think there will always be two opposing views within the community: those who strongly dislike going through KYC and those who are more accepting of the process. Of course, the reasons why platforms require their users to complete KYC are obvious, as it’s a regulatory requirement, and any gambling platform will comply with it to stay in business. However, for users, it’s not so clear-cut, since there’s always a risk of personal data leaks, and no benefits of going through KYC can outweigh the potentially negative consequences that could arise in such a case.

[michellee]

It's not entirely their fault. Accidents on casino sites still happen. In some cases, even trusted sites can be attacked and hacked, resulting in data leaks. Some users prefer to protect their data by not performing KYC unless it's required by the casino site they intend to play at.

Anyone who is so concerned about the privacy of their data should not be using casinos which require KYC so that it doesn't get to a point where the casino will have to request that from them in a case of either they provide it or they let go of their fund which is in the control of the casino, aside from casinos getting hacked. There have also been rumours of inside jobs selling of such data to third parties without the full consent of the casino owners.

But we can't deny that now many casinos requiring KYC in the first time after they register or when they want to withdraw. But if you just want to play gambling without any intention such as chasing the winning and only for fun, you will not break the limitation from the casino although someday casino can asks you to do that. Casinos might tolerate gamblers who only use small money to gamble and not withdraw a big money at once or very often so you can stick to that so you can gamble without doing KYC but once again, casino can asks you to do KYC. But it is real that some players afraid their documents are not secured in the casino or get hack.

[Rubuchi]

I agree, because it's been a long time since I've heard news about major document leaks and online casino hacks. If you think about it, I haven't heard any news about casinos being hacked in the last five years. But I can assume that the guards of gamblers and bettors are connected with the fact that online casinos can quietly sell documents to a third party and have such earnings. This may well be the case, and I even came across something similar when one bookmaker did not want to let me enter my winnings asking for all new documents.

I think those who are scared of the kyc are those who will generally be scared of anything that has to do with you giving out their personal identification documents. I used to know about somebody who hardly gives out their biodata identification papers and address because he feels he is endangered and can be traced for any other ill purposes such as being kidnapped as he does not trust all these online platforms. Such nature of people won’t want to share in their details due to the kind of mindset they have about the internet. It is now left for people like us to enlighten them properly on data protection and privacy which is ensured by all these platforms and regulated .

[Versatile_choice]

For me, I don't mind putting my kyc details in those reputable gambling sites. the reason why some gamblers are always scared of putting thier kyc in gambling sites is because they are not sure if the casino is real or fake since they don't make review before joining that is why sometimes it's good to make research before joining a casino so that to clear some doubt because we can just stay and start assuming that a casino is scam when we don't even know their reputation.

There are so many reputable casino sites, even Stake is not exempted and was recently hacked few years ago. So even you make "research" before joining one the possibility of your info getting breach is so high. So it's not just about choosing reputable casino site anymore, but also to limit the casino you want to give your info or verified your account.

These is also another thing, and thanks alot for letting me know about this. It is true when you said that it's not about looking for reputable casinos, although this has always been the method most gamblers have been using to find the real casinos site but due to high rate of scammers and hackers have made some casinos site to look like scam when they are not one, just like you said the best way to go about this is by limiting the casino we want to give our informations because we don't know the one that will fall victim to this hackers.

[Agathamay]

Some gamblers avoid KYC because they’re scared their info might get leaked. But if you think about it, any legit casino knows that leaking customer data is basically killing their own business. No company throws away millions just to expose a few IDs.

The real key is choosing a reputable casino, the kind that actually has something to lose if they mess up. If the platform is established and trusted, the risk is far lower than what most players imagine.

The world is a very advancing one and in most cases, everyone is just trying to be very careful not simply because of today but probably in the future and don't be surprised if there comes a time where KYC would have to be necessary for players and non KYC would be a thing of the past and trust me, the government has their way round all these things and that's why the saying that "prevention is better than sacrifice" would have to  apply in cases like this and people now fear a future where government would take over these things