Betsson turns to Group-IB to tackle online fraud surge

Betsson Group has deployed fraud protection and threat intelligence technology from Group-IB across its online sports betting and casino platforms.

The gambling operator said it faces a fast-changing set of threats that range from account takeovers and phishing attempts to bonus abuse and payment fraud. The company said it selected Group-IB as part of a wider effort to strengthen fraud prevention across its operations.

Group-IB sells cybersecurity software and services that focus on digital crime, including fraud detection and threat intelligence. It operates a network of regional centres that provide incident response and monitoring services.

Fraud pressure

Online gaming platforms process large volumes of customer logins, payments and promotions. That activity has also attracted organised fraud groups. Operators have reported sustained activity linked to stolen credentials, synthetic identities and attempts to exploit sign-up and bonus offers.

Betsson said it wanted a more proactive approach. It has deployed Group-IB's Fraud Protection product. The system combines behavioural analytics with threat intelligence that tracks adversary infrastructure and tactics.

Group-IB said the service uses real-time monitoring to identify suspicious patterns. It said the system flags anomalies in user behaviour and account activity. It also said it aims to reduce the need for additional friction during legitimate customer sessions.

The two companies also highlighted a commercial arrangement that Group-IB calls a "No Play, No Bill model". Group-IB said the model removes costs tied to one-time bonus abusers. The statement did not give financial terms for the partnership.

Product elements

Group-IB set out several components included in the deployment at Betsson. The company cited real-time fraud detection, behavioural analytics and access to its threat intelligence network.

It also said its fraud analysts provide 24/7 support through regional Digital Crime Resistance Centres. Group-IB described that support as combining local expertise with AI-driven detection. The company did not specify the size of the analyst team dedicated to Betsson.

Group-IB said the system covers threats including account takeovers, bonus abuse, payment fraud, identity theft and phishing. These attacks often overlap. A phishing campaign can lead to credential theft. That can lead to account takeover attempts and payment abuse.

Betsson view

Betsson linked the deployment to its wider approach to risk operations and customer protection. The company also framed security as part of the customer experience on its digital platforms.

"At Betsson, we are committed to breaking down barriers for our customers, particularly in technology, while ensuring they stay at the forefront of innovation. We don't just deliver industry-leading products and content; we provide unmatched security, offering our customers the confidence and protection they need to dominate in an increasingly competitive digital world," said Jamie Frendo, Head of AML & Risk Operations, Betsson Group.

Betsson also connected the move to its international footprint. The group operates a portfolio of gambling brands across multiple markets. That spread increases exposure to different payment methods and fraud patterns.

"This collaboration forms an integral part of Betsson Group's long-term commitment to Strengthening fraud prevention across our global operations," said Frendo.

Group-IB view

Group-IB said the partnership reflects a shift towards predictive controls and adversary-focused analysis. Cybersecurity suppliers have increasingly positioned threat intelligence and behavioural analytics as a complement to rules-based monitoring.

"Cybercriminals are becoming increasingly sophisticated, and businesses must stay ahead with proactive, predictive, and adversary-centric fraud prevention. We are proud to support Betsson Group in reinforcing its security posture, protecting both the company and its customers from the ever-evolving landscape of online threats," said Dmitry Volkov, CEO, Group-IB.

Group-IB was founded in 2003 and is headquartered in Singapore. The company sells products in areas including threat intelligence, fraud protection, digital risk protection and managed detection and response. It also works with international law enforcement agencies, including INTERPOL and Europol, according to the company.

"As we continue to expand into new markets and enhance our digital platforms, maintaining the highest levels of integrity and customer protection remains central to our strategy. Partnering with Group-IB allows us to leverage advanced fraud detection and behavioral analytics to further optimize our risk management framework, ensuring that our players enjoy a fair, transparent, and secure experience. Looking ahead, we will continue to invest in intelligent fraud prevention technologies and data-driven controls that support sustainable growth and uphold Betsson's reputation as a trusted leader in the online gaming industry."