Kevin Gosschalk’s Post

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Founder and CEO at Arkose Labs

I recently spoke with a journalist at Forbes to discuss the rising threat to airline and hotel loyalty accounts. Our latest research at Arkose Labs reveals a staggering 166% increase in attacks on these accounts between Q4 2023 and Q1 2024. Hackers are leveraging leaked login credentials to breach loyalty accounts, leading to a 30% to 40% increase in successful hacks. This issue is compounded by the fact that airlines and customers often don't secure their points as rigorously as they do bank accounts.

The Wiretap: Hackers Want Your Airline Miles

The Wiretap: Hackers Want Your Airline Miles

social-www.forbes.com

Jonathan Care

Cybersecurity Expert | Gartner Veteran | GTM Advisor to Startups, Private Equity & Venture Funds | Board Advisor

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Airline miles, supermarket reward points and all the similar schemes are attractive targets for attacker who see them as fungible currency. But defenders don’t think of themselves as defending bank accounts.

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