Theft of Reward Points Becomes a Challenging Issue, Expert Says

Technology News

Theft of Reward Points Becomes a Challenging Issue, Expert Says
Reward PointsTheftData Breaches
  • 📰 CBCNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 99%

As more people have their online account credentials leaked thanks to data breaches, the theft of reward points has become a challenging issue to solve, according to one expert. Because they have real cash value, loyalty points offer a potentially lucrative stream for thieves.

As more people have their online account credentials leaked thanks to data breaches , the theft of reward points has become a challenging issue to solve, according to one expert. Because they have real cash value , loyalty points offer a potentially lucrative stream for thieves. In December 2023, April Canavan was defrauded of $1,000 worth of PC Optimum points that she'd been saving to pay for Christmas presents.

(Submitted by April Canavan) When April Canavan's inbox was suddenly flooded with emails in December, she knew something had gone wrong. The Vancouver woman found herself subscribed to mailing lists she'd never signed up for, along with emails saying she'd just redeemed PC Optimum points at a grocery store halfway across the country. Within about 25 minutes, Canavan says fraudsters drained around $1,000 worth of points from her account, and the mailing-list tactic aimed to distract her from the theft

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBCNews /  🏆 2. in CA

Reward Points Theft Data Breaches Online Account Credentials Loyalty Points Cash Value Thieves

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The car theft debate is a battle over slogans and solutionsThe car theft debate is a battle over slogans and solutionsCBSA Superintendent Jean-Francois Rainville removes a mattress that was used to hide a stolen Toyota Sequoia in a container at a news conference Thursday, July 17, 2014 in Montreal.
Read more »

Justice minister says door is open to tougher penalties for auto theftJustice minister says door is open to tougher penalties for auto theftInnovation, Science and Industry Minister Francois-Philippe Champagne, left, looks on as Justice Minister and Attorney General of Canada Arif Virani responds to a question during a news conference at the National Summit on Combatting Auto Theft, in Ottawa, Thursday, Feb. 8, 2024.
Read more »

‘Canadians need serious action’: Politicians, police gather to combat auto theft crisis‘Canadians need serious action’: Politicians, police gather to combat auto theft crisisFederal politicians and police officers gathered in Ottawa for Canada's first national summit on auto theft, a crime growing at an alarming rate across the country. David Akin looks at the solutions pledged; why critics don't think the proposed stiffer jail penalties will work; and the further help being hinted at.
Read more »

Whitby couple facing fraud and theft chargesWhitby couple facing fraud and theft chargesDurham police say a Whitby couple have been arrested and are facing numerous fraud and theft-related charges. It comes after police allege the pair defrauded
Read more »

Irish Nationalist Becomes Northern Ireland's First MinisterIrish Nationalist Becomes Northern Ireland's First MinisterAn Irish nationalist made history Saturday by becoming Northern Ireland's first minister as the government returned to work after a two-year boycott by unionists.
Read more »

Chicago's Iconic Rat Hole Becomes Viral DestinationChicago's Iconic Rat Hole Becomes Viral DestinationChicago's iconic Rat Hole in the Roscoe Village neighborhood has become a viral destination, attracting thousands of visitors who drop lucky coins, leave mementos, and build a makeshift shrine. However, locals are becoming increasingly irritated by the constant commotion caused by the visitors.
Read more »



Render Time: 2025-02-27 07:37:59