What does data security mean for online gaming firms?
The online gaming industry has evolved rapidly in the last decade. From simple visuals and linear concepts, we have reached multilayered and immersive gaming experiences. Gaming companies use consumer data to provide gamers on the platform with a better experience and to ensure their gaming experience is seamless. With the advent of cloud technology, it is easier to store user data more securely.
This sector is expanding at a staggering rate and the global revenue exceeded $193 billion in 2021, with a compound annual growth rate of 15.6% from 2016-2021. With such towering numbers and an even higher projected rate of growth, data security becomes a sensitive and crucial matter for gaming organizations across the globe. To understand the issue better, let us delve a bit into the basics of what data security means for a gaming company.
By the end of this article, my aim is to answer the following questions for you – What is data security? Why is data security important and why do companies collect data? When is the need to employ data security? Who is data security for and who is responsible for maintaining it?
With these questions in mind, let us understand what data security means for a gaming platform.
