Loyalty Fraud Cost Businesses

Think credit card fraud is the biggest threat to eCommerce?

Think again.

Loyalty fraud cost businesses $4B in 2024, and most companies didn't see it coming.

Why? Because the attack vector isn't obvious.

It's:
🔹 Credential stuffing + password spraying
🔹 Poorly managed APIs connecting loyalty platforms to 3rd parties
🔹 No real-time detection when the bad guys cash in points for untraceable gift cards

Andy Dean and Christian Reilly share the wild stat:
Loyalty accounts sell for 10x more than credit cards on the dark web.
If you're running a loyalty program, this episode of The Connectivity Cloud Podcast is a must-listen.

Tune in now. 👇
👉 Spotify: https://cfl.re/4lgBAyJ
👉 Apple Podcasts: https://cfl.re/45gpMGP
👉 YouTube: https://cfl.re/45lLbyv