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Betfair Data Breach

Friday , September 30, 2011 : Company failed to inform customers and kept incident under wraps
 
Online betting exchange Betfair is embroiled in a potential PR nightmare with the emergence of an incident involving wide-scale customer data theft that occurred just months before the company's flotation last year, according to British newspaper, The Telegraph.
 
The incident is believed to have taken place between March 28 and April 9 by criminals suspected of originating from Cambodia and involved the theft of sensitive data that included:
 
-     payment card details of most of its customers;
-     3.15 million account usernames with encrypted security questions;
-     2.9 million usernames with one or more addresses; and
-     89 744 account usernames with bank account details.
 
The attack allegedly went undiscovered until a "production log server" crashed at Betfair's Malta data centre more than two months after the initial breach which led to the detection of "at least another nine servers that had been compromised in the UK and two in Malta".
 
Betfair reportedly informed the UK Serious Organised Crime Agency, Australian and German law enforcement authorities, UK and Maltese regulators and its credit card payment processor the Royal Bank of Scotland, however, failed to inform its customers.
 
A Betfair spokesperson revealed that while the criminals had the expertise to decrypt payment card details, CVV2/CVC security numbers were not stolen along with other data which the Royal Bank of Scotland advised "significantly limits the ability of the cards to be used fraudulently".
 
Betfair has insisted that there was no risk to customers at the time and that the stolen data was unusable for fraudulent activity and had been recovered intact.
 
A Forensic Investigation Report on the theft by London-based Information Risk Management (IRM) said "Appropriate information security governance is not in place within Betfair and as a consequence the business has been exposed to significant risks."



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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