March Madness bettors face new threats online: "It's peak season for scams"

Forget Las Vegas — it's easier than ever for you, your partner, or even your teen to place a bet on their favorite teams with just a few clicks.

Fans will wager an estimated $3.1 billion during March Madness alone, and experts warn that families are prime targets for scams.

Kevin Gosschalk, CEO of cybersecurity firm Arkose Labs, explains that while betting at casinos carries inherent risk, online gambling presents even greater dangers.