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Rewards Points Theft is a Growing Piece of the Cybercrime Pie

20th November 2017 By Tara Seals

 

The already lucrative market in stolen rewards points is significantly growing.

 

According to Flashpoint, a number of factors are coalescing to drive this criminal segment forward.

 

For one, fraudulent “booking services” that use stolen points in Russian-language forums are gaining popularity, including one that has gone as far as to establish its own group of members dedicated to cybercrime targeting hotel bookings. One such member has been advertising their travel “booking service” on two lower-tier forums since December 2014; grateful customers regularly post photos taken on trips purchased through the actor’s offerings. Interestingly, tickets can be to anywhere in the world, except domestic flights within Russia.

 

Full Article.

 

 

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