Gamers playing with real money should be wary of scammers.

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Are you one of those who play games by investing real money to earn double or triple the amount in return? If yes, then you should be wary of scammers who are indulging in various kinds of gaming frauds.

Account switching, account takeover, fake identity and promo abuse, money laundering, phishing scams, and fake websites intended to steal sensitive information are some of the frauds targeting gamers these days.

Apart from these, there are also large-scale gaming frauds lurking in the gaming space. Hackers develop a website and offer a wallet to users to make money and transfer the amount scored in their wallet to other accounts. However, as soon as the user wins the trust, the gaming website drains all the money accumulated in the wallets of users and shuts down the site, making the users lose their investment as well as their hard-earned money.

So, how can you protect yourself from falling prey to such scams? It’s simple: just be vigilant and follow these steps to make your living out of gaming secure:

1.) Always enable MFA for accounts and wallets that offer better security when it comes to storing and transferring funds.

2.) Installing an anti-malware solution helps identify online threats beforehand and safeguards the device from falling prey to phishing.

3.) If you are still using public Wi-Fi and devices that are meant for public use (like computing devices in internet cafes), ensure that you always log out of your account.

4.) Never download apps and extensions from external sources other than the website, as it could push you into a scam.

5.) Never trust those you meet in a gaming chatroom and never hand over your personal financial details to them, as chatrooms are turning into earning paradises for some nasty minds.

6.) While buying games online, make sure that you purchase them from an approved vendor.

7.) Most reliable gaming platforms offer customer support to report violations and scams, so it’s better to ensure that the service provider is hosting such a service before indulging in the games.

8.) Many gaming platforms are becoming KYC compliant as they can know who the user is and track them down when anything suspicious takes place due to them.

Gaming frauds are a serious threat, so it’s essential to take precautions and protect yourself from scammers.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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