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Cybercriminals target loyalty programs in search of easily traded data

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VUBot

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Consumer loyalty programs in the retail, hospitality and travel industries rely on gathering information about their users. For criminals this can offer everything they need to get started in a number of crime-related ventures, from account takeovers, to straight-up identity theft. A new report from Akamai reveals more than 63 billion credential stuffing attacks on the commerce category -- comprising the retail, travel, and hospitality industries -- over the last two years, 90 percent of them against retailers. "Criminals are not picky -- anything that can be accessed can be used in some way," says Steve Ragan, Akamai security researcher… [Continue Reading]

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