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Summer is the travel season when people visit new locations around the world. Summer travel always comes with some amount of anxiety and this year, travelers can add one more item to the worry list: cybercriminals targeting their awards and loyalty program accounts, AKA loyalty hacking.
Hackers around the world are increasingly focusing their efforts on consumer loyalty accounts for high-ticket items like air travel and hotels. By tricking travelers and loyalty program members into revealing their account credentials, cybercriminals drain these valuable points and sell them on the black market. This sophisticated form of cybercrime is becoming more prevalent, affecting thousands of people worldwide.
In this blog we’ll explore this growing crime and how you can protect yourself.
This sophisticated form of cybercrime is becoming more prevalent, affecting thousands of people worldwide.
Hackers use a variety of tactics to take over consumers’ accounts utilizing various degrees of sophistication. Some employ broad automated campaigns, while others utilize very specific social engineering attacks, to deceive users into revealing sensitive information. These phishing tactics can take several forms such as:
Of course, accessing accounts doesn’t always require that users give up their access directly through phishing trickery. Hackers can take advantage of unrelated breaches. If you use the same password across multiple services, they can match your email account from one breach to gain access to your unrelated loyalty accounts. This is why it’s crucial to use unique passwords for different services.
Once hackers obtain login credentials, they log into loyalty program accounts, change passwords to lock out the legitimate user, and quickly transfer or redeem the points. They then sell these points on the black market or use them to book flights, hotel stays, and other services, leaving the account holder with significant losses.
Signs that you might be a victim of loyalty program points theft include unexplained changes in your account, such as missing points, altered account details, or unauthorized transactions.
Signs that you might be a victim of loyalty program points theft include unexplained changes in your account, such as missing points, altered account details, or unauthorized transactions. You might also receive emails or messages about account changes or bookings that you did not initiate.
If you suspect your loyalty program points have been stolen, take immediate action:
As the old saying goes, an ounce of prevention is worth a pound of a cure. To safeguard your loyalty program accounts from these phishing attacks, employing advanced email security solutions like Inbox Defender by Upfort is crucial.
Inbox Defender uses advanced AI to analyze incoming emails for signs of phishing, such as suspicious links or spoofed sender addresses. By identifying and blocking these threats before they reach your inbox, Inbox Defender helps prevent hackers from gaining access to your valuable loyalty points.
Inbox Defender's real-time threat detection and continuous learning capabilities ensure that it adapts to new phishing techniques as they evolve, providing robust protection for your email communications. Additionally, its user-friendly interface makes it easy for individuals and businesses to implement and manage their email security, offering peace of mind in an increasingly digital world. Prevention is the best defense, and using a reliable tool like Inbox Defender is a proactive step to protect your loyalty accounts.
As cybercriminals continue to innovate, the theft of loyalty program points through phishing attacks is a growing concern. Protecting your accounts requires vigilance and advanced security measures. Inbox Defender by Upfort offers a comprehensive solution to keep your email communications secure and your loyalty points safe from hackers.