Starbucks, The Epitome of Mobile Payments Success, Falls To Fraud

Fraud reports have been emerging around Starbucks’ gift cards, rewards accounts and mobile payment systems as reported by CNN Money. Cybercriminals are targeting consumers’ accounts, emptying the stored value in the cards and leveraging Starbucks’ auto-reload function to further target consumers’ debit and credit cards. A recent case emerged last week where a customer faced a theft of around $150 through the stored value in the mobile app and the gift card. Last y ...

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