Cybersecurity
All Those Starwood Points You Racked Up at Risk in Marriott Hack
- Fraudsters see opportunity in $48 billion worth of rewards
- Rise in loyalty fraud has led to changes in insurance coverage
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It’s not just your credit card number that hackers want anymore. It’s your points.
Marriott International Inc.’s disclosure on Friday that it’s investigating how hackers siphoned data from 500 million guests is the latest example of fraudsters targeting the $238 billion loyalty industry. Hackers have found it’s increasingly easy to access rewards portals and quickly redeem consumers’ hard-earned points and miles for gift cards or hotel stays.