Airline loyalty points fraud often flies under the radar
Airlines loyalty programs emerged in the early 1980s when American Airlines decided to offer benefits to frequent flyers. And with so many benefits coming from points and the ability to earn them through credit cards, their value increased. People often have thousands of points saved but many never think their frequent flyer points are at risk of being stolen.
Cyber crime isn’t restricted to banks, electronic means of payment, securities brokers or eCommerce. Virtual currencies are just as much at risk, and we’ve all seen how tempting Bitcoin is to hackers.