Criminals have discovered and used different methods to “steal” the “money” on your gift cards for some time now, but a new threat has surfaced this year which is distinctly different than previous methods.
In the past, it was typically necessary for the thief to be present in the store and handle the gift cards to get the numbers, or to steal the information. That could be done by hacking or by someone present in the store. Or, they could trick the customer into revealing the card number.
This year, a new method has surfaced and it poses a much greater threat. The hacker doesn’t have to be present and they don’t have to hack into the store. Instead, they take advantage of the methods the card provider uses for customer service.
Here’s how it works. Continue reading “Has Your Gift Card Been Hacked Yet?”