Stop Gift Card Fraud Before It’s Committed

Fraud
Attack Types
Gift cards
HUMAN
Jun 08, 2022
Presentations

Today, gift card fraud is a sophisticated business. Criminals use advanced SaaS botnets with enormous scale that can be rented on demand. When they've hijacked accounts on your platform, they buy gift cards and sell them on secondary markets like eBay for close to face value. It's a low-risk, high profit venture for the thief.

But it's not all bad news for merchants. This presentation explores effective mitigation strategies you can use to prevent these attacks before they occur.

 

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