Online scam targets gift cards and loyalty cards

Online scam targets gift cards and loyalty cards Over 100,000 inboxes are the target of an under the radar approach to extracting small amounts of funds from giftcards, credits, and other valuables that show up in people’s inboxes. This cybercrime group could be seeking 5 to 10 million authentications attempts using IMAP to net 50K to 100K of working inbox credentials. From there, they log into the user’s accounts, search the email inboxes for accounts from airlines rewards, merchant loyalty cards, and gift card data and deduct small amounts from any valuables. #cybersecurity #ScienceofSecurity
Submitted by Eileen Buckholtz on