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Background for this topic.
A gift card is a prepaid stored-value instrument issued by a retailer, financial institution, or payment network. It can be physical or digital and is redeemed using a card number, barcode, or personal identification number (PIN). In information security, the relevant asset is the card’s remaining value and the systems that activate, check, transfer, and redeem it.
Common abuse includes social-engineering scams that persuade victims to disclose card numbers and PINs, tampering with cards or barcodes before sale, and automated theft through poorly protected balance or redemption interfaces. Compromised retailer accounts or administrative systems can also enable unauthorized activation, balance changes, or redemptions. Useful controls include keeping redemption secrets out of messages and images, rate-limiting and monitoring balance checks, protecting payment and gift-card APIs, reconciling activation and redemption records, and placing suspicious transactions on hold for investigation. Incidents may require tracing transactions, disabling exposed cards, and preserving relevant account and redemption logs.
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Crypto-powered gift card store Bitrefill says that the attack it suffered at the beginning of the month was likely perpetrated by North Korean hackers of the Bluenoroff group. [...]
A Morocco-based gift card fraud campaign is a sign of what retailers can expect this holiday season.
Cybersecurity researchers have shed light on a cybercriminal group called Jingle Thief that has been observed targeting cloud environments associated with organizations in the retail and consumer services sectors for gift card fraud
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Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 gift card.
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Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.
Feeling creative? Submit your caption and our panel of experts will reward the winner with a $25 Amazon gift card.