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