Emerging Vulnerabilities in Retail – Gift Card Fraud

Azalea May 10, 2017 9:30 am - 10:20 am

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Jeremy Ward

Online gifting of digital currency is a newer, less regulated industry, pumping billions of dollars into the U.S. economy annually. As retailers comply with stronger security measures for credit cards, criminals looking for a new goldmine have found it – gift cards. API transactions, file sharing, and a less secured repository of pre-denominated gift card numbers are indicators of a quick payday for hackers, and thus, a new target for malicious attacks. How can you protect these digital assets? What other sensitive information is your business processing that you as an information security professional should be monitoring and securing? Jeremy Ward, manager of security and compliance at CashStar, a leading provider of prepaid solutions, discusses the gift card industry’s risk landscape and shares trends and insights to protect your businesses.