gift card fraud – Computer Security Articles

Breach at Cloud Solution Provider PCM Inc.

June 27, 2019 admin Cloud Hopper, data breaches, gift card fraud, Insight Enterprises, microsoft, office365, PCM Inc., RiskIQ, Wipro, Wipro breach

Credit to Author: BrianKrebs| Date: Thu, 27 Jun 2019 17:00:38 +0000

A digital intrusion at PCM Inc., a major U.S.-based cloud solution provider, allowed hackers to access email and file sharing systems for some of the company’s clients, KrebsOnSecurity has learned.

Independent Krebs

Detecting Cloned Cards at the ATM, Register

May 14, 2018 admin All About Skimmers, Associated Press, EMV, FBI, gift card fraud, NYPD, Patrick Traynor, Security Tools, University of Florida, Walmart

Credit to Author: BrianKrebs| Date: Mon, 14 May 2018 15:24:38 +0000

Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card’s magnetic stripe. But new research suggests retailers and ATM operators could reliably detect counterfeit cards using a simple technology that flags cards which appear to have been altered by such tools.

Independent Krebs

Buyers Beware of Tampered Gift Cards

December 19, 2017 admin A Little Sunshine, Aite Group, Flint Gatrell, gift card fraud, Kevin Morrison, Latest Warnings, Sam's Club, Wal-Mart

Credit to Author: BrianKrebs| Date: Tue, 19 Dec 2017 16:28:57 +0000

Prepaid gift cards make popular presents and no-brainer stocking stuffers, but before you purchase one be on the lookout for signs that someone may have tampered with it. A perennial scam that picks up around the holidays involves thieves who pull back and then replace the decals that obscure the card’s redemption code, allowing them to redeem or transfer the card’s balance online after the card is purchased by an unwitting customer.