Advertisement

Holiday warning: Gift card hacking

December 22, 2017 10:54 AM

(NBC News) Even Santa is exhausted from rounding up gifts in time for Christmas, and for those of us without the help of elves gift cards are an easy last minute option.

But buyer beware.

Cybersecurity expert Jim Stickley says it can be easy to steal gift card information and drain the balance.

"Not only can I hack those, but also the cards that are for sale right now, I can hack those when they become activated drain the funds from them as well," he warns.

While chip-enabled credit cards have upgraded protections, gift cards still use 1960s-era magnetic strips and pre-determined PIN numbers.

Hackers are taking advantage.

There are some things you can do to protect yourself.

"Consumers should look out for gift cards that are already scratched where the pin number is exposed," says the Federal Trade Commission's Nick Singhvi.

Avoid buying from public racks, if possible.

Experts say it's better to buy directly from the retailer, especially if they keep their cards behind the counter and away from the public.

Read more: http://on.today.com/2kFevKM

Advertisement – Content Continues Below

 

Credits

NBC News

Copyright 2017 - WNYT-TV, LLC A Hubbard Broadcasting Company

Advertisement
Relay Media Amp
Advertisement
Advertisement
Corruption trial of ex-Gov. Andrew Cuomo aide to begin

Times Union Center cancels gala celebration

Sled Warriors prep for Empire State Games

Shutdown continues into workweek, as Senate talks drag on

Debate on in Massachusetts over safe sites for drug users

Advertisement