Loyalty points fraud is funding hacker holidays (Lock and Code S07E18)

Cybercriminals are increasingly targeting loyalty points programs as a lucrative avenue for fraud, turning accumulated customer rewards into cash. These points, often overlooked by consumers compared to financial accounts, can be exploited for significant financial gain. Experts highlight that while many consumers are unaware of their point balances or how to access them, fraudsters actively seek out and exploit these vulnerabilities.