Fake Gift Card Balance Checking Sites May Steal Your Money

December 26, 2020

Written by wukovits

Scammers have a new way of ripping people off this year. If you’re not mindful of it, it could literally cost you. Gift cards have always been fairly popular, but this year, they seem to be more popular than ever. According to the online fraud prevention company, Bolster, thieves have been hard at work setting up bogus ‘gift card balance’ checking websites designed to siphon money away from unsuspecting consumers.

Here’s’ how it works:

You get a gift card for Christmas and put it in a drawer for a few weeks or even months. Eventually, you find it, but by now, you can’t remember if you spent some of the money that was on the card. So you’re not at all sure how much money is left. You go online and do some searching, which brings up a link to a site promising to give you your gift card balance in just a few clicks.

You surf to the page, enter in your card number and instead of giving you your balance information. (usually you’ll get a timeout message, but some are more sophisticated than that), it will send the gift card number to a command and control server so the hackers can steal it. They use it to order goodies for themselves, either to keep or resell.

It’s low, but it’s an easy scam to pull off, and even relatively unsophisticated criminals can manage it, so expect to see lots of bogus balance checking sites this year.

While Target seems to be the retailer that the scammers are most focused on this year, Bolster has spotted a number of other fake balance checking sites targeting companies like:

  • Bath and Body Works
  • Forever 21
  • Amazon
  • The Google Play Store
  • And HBO

Just be aware that the scam exists, and be mindful of where you go on the web when you check your gift card balances.

Used with permission from Article Aggregator

Bayou Tech

We provide solutions for your business. Find out how we can help.

Related Articles

Unlocking Small Business Success: The Impact of AI in a Digital Era

In the rapidly evolving business landscape, staying competitive necessitates embracing technological advancements. Artificial Intelligence (AI), once perceived as a luxury for larger enterprises, is now accessible to small businesses, offering new opportunities for...

Major Cyber Attack at OMV

Louisiana’s Office of Motor Vehicles (OMV) is one of a still undetermined number of government entities, major businesses, and organizations to be affected by an unprecedented Data Breach.There is no indication at this time that cyber attackers who breached MOVEit...

New Graphene Technology May Increase Hard Drive Storage

HDDs are old, well understood technology. They haven't changed much in recent years. In fact, increasingly, people are writing them off, preferring SSDs for their greater speed and smaller size, even though HDDs are less expensive. The clever folks at the University...

Send us a message

Your message was sent.