Loyalty schemes operated by the eCommerce industry have become so popular that they now represent a billion-dollar industry, with customers earning loyalty points when purchasing goods or services from their favourite brands. Yet financial losses from loyalty card fraud are equally significant — with an estimated $1 billion being stolen every year.

No one wants to be a victim of payment card fraud, yet more of us are falling foul to the myriad of techniques used by hackers to steal payment card information and use it for their own gain. To mitigate this malicious activity, it is vital that eCommerce sites apply security measures that protect consumers and sellers alike from carding and other major bot threats.