If cyberattacks result from failure to comply with applicable laws and regulations, operators may be exposed to legal repercussions, fines and other sanctions even or loss of license. Online casinos operate within a highly regulated industry. Yet aside from the potential monetary loss, cyberattacks on online casinos can also seriously endanger: Compliance Whatever the result to business continuity, cyberattacks remain seriously expensive to operators - averaging $4 million per attack. The impact of cyberattacks on online gaming or casino sites can range from annoyance to full-blown business disruption. In April of this year, French online casino Houlgate was the victim of a cyberattack - reportedly ransomware - that shut down online operations for several business days.The cyberattack reportedly caused problems for numerous other unnamed casinos worldwide.
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