Online thieves want to get access to sensitive data, such as credit card numbers or bank passwords, in order to get hold of your money. Online casinos make it practically impossible to access the data stored their servers, so the thieves focus on the individual consumers instead.
Phishing is a form of fraud used to achieve the above goal. Fraudsters send emails to online casino players pretending to be their provider of financial services. The email address they use and the message itself can make unsuspecting people believe that it’s legitimate. Emails that directly ask to provide passwords or credit card numbers are easier to identify. More subtle ones ask you to change your password because the old one is compromised or no longer valid. If you click the link, you end up on a page similar to the one of the financial services provider, but it belongs to the fraudsters. If you put your “old” password there along with the “new” one, the “old” one is obviously still working and the thief now has access to it.
To avoid phishing never access your bank, e-wallet or other accounts through a link in an email. Always write it yourself in your browser or use a reputable search engine, so that you end up on the real website. If someone claims to be your financial services provider, contact the actual provider and ask them to verify that. Never share any sensitive information with anyone through email. Look for a lock icon in your browser when you enter a password through a website. Follow all safety instructions provided with your accounts.
Without carelessness of the consumers that can be compared to handing someone else your keys, phishing wouldn’t work.