How cybercriminals use fake gift cards to get personal data | Tech News

How cybercriminals use fake gift cards to get personal data

Kaspersky Lab says that the success of these fraud schemes is “based on criminals exploiting the drive of users to get something for free”.

By: INDO ASIAN NEWS SERVICE
| Updated on: Aug 20 2022, 10:00 IST
This fraud scheme begins by users being asked to select the gift card he/she wants in order to receive the code on the fake site.
This fraud scheme begins by users being asked to select the gift card he/she wants in order to receive the code on the fake site. (Benjamin Howell/iStockphoto)

While legitimate apps like Tokenfire and Swagbucks buy card codes from vendors, to then give them to clients as a reward for certain activities, criminals have apparently recognised the popularity of such websites and have decided to deceive users using a simple algorithm.

"The success of these new fraud schemes is based on criminals exploiting the drive of users to get something for free," Lyubov Nikolenko of Kaspersky Lab said in a statement this week.

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"However, at best they will spend hours of personal time doing worthless tasks, and at worst lose money without receiving anything in return. So, if you want to get your hands on a free gift card, try to earn it on legal and trustworthy sites," Nikolenko added.

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When on the fake site, the user is asked to select the gift card he/she wants in order to receive the code.

After that, the fraudulent mechanism is set in motion. To get the generated code, however, the user needs to prove that he/she is not a robot.

To do this, the user has to follow the suggested link and complete various tasks, the number and type of which are determined by the partner network to which the user is redirected.

For example, he/she may be asked to fill in a form, leave a phone number or email address, subscribe to a paid SMS message, install adware, and so on.

The result is predictable - either victims get tired of doing endless tasks, or they finally get the useless code, Kaspersky Lab said.

The earnings for criminals range from a few cents per every click on a desired link, to several dozen dollars for filling in a form or subscribing to paid services.

Thus, the criminals make a profit virtually for nothing, getting paid from the user's actions on the websites of third-party partners, who, for their part, also benefit by getting access to personal data which can be used for private purposes.

To avoid falling for cybercriminals' fraudulent schemes and losing personal data, Kaspersky Lab researchers suggest that users should not spread questionable links among their friends.

Using a reliable security solution with behaviour-based anti-phishing technologies to detect and block spam and phishing attacks is also one of the important preventive measures that users can take, according to the researchers.

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First Published Date: 27 Jul, 18:11 IST
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