Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. The merchants represented are not sponsors of Giftcards. Please visit each company's website for additional terms and conditions. Call Hollister Support: How can I get my lost Gift Card back? Check your balance online here.
Call Hollister at Back to the top. This is logical - the hackers are going where the money is and the money has flooded into online gift cards.
In other words, security, risk, and digital operations teams should assume that every holiday going forward could potentially generate a bot attack on their properties. Egift cards are not just for gifting either. According to a July survey released by branded digital payments provider Blackhawk Network , purchases of digital gift cards are equally likely to go to the purchaser as to be given as a gift. Aside from avoiding the malls and stores, those who purchased the cards for others did so in part because the cards can be sent and received immediately, with less hassle.
Driven by the pandemic, smaller and boutique brands are increasingly looking to online gift cards as a way to encourage shoppers to spend money on friends and loved ones without sending them any physical items. Hackers love to steal online gift cards and gift card balances because gift card security is less comprehensive than the deeper scrutiny facing credit card transactions.
Gift card account owners are less likely to notice changes to their gift card balances. In addition, security measures on unactivated gift cards are less stringent. Gift card pin numbers are comparatively easy to guess, too. All of this makes selling validated accounts with gift cards, or draining the gift card accounts by, ironically, sending an unauthorized gift card, easy money.
The four ways that hackers use gift cards to cash in are:. We estimate the market for stolen gift cards and theft using unauthorized digital gift cards is well into the billions of dollars each year. You can check the address of the nearest store on the companys website. If your card is damaged or you are unable to make purchases, we recommend contacting customer service or contacting the store for assistance.
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