Cyber Risks · Krebs on Security

Thieves Cash Out Rewards, Points Accounts

Summary: Hilton Honors loyalty accounts are being emptied by thieves who log in with a member number and 4-digit PIN, including one traveler who lost more than a quarter-million points redeemed for roughly $1,200 in hotel stays along the U.S. East Coast. Krebs reports that hijacked points sell on black-market forums for three to five percent of their value, and that Hilton added a CAPTCHA to its login process after the fraud spike.

What's compelling: A rewards account protected by a 4-digit PIN can be drained for $1,200 in bookings while the stolen points themselves sell for about $12, and the account holder in this case had yet to hear back from Hilton nearly a week after reporting it.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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