SecureWorld News

Fraudsters Tap Kohl's Cash for Cold Cash

Written by SecureWorld News Team | Thu | Feb 11, 2016 | 11:06 PM Z

Scam artists have been using hacked accounts from retailer Kohl's.com to order high-priced, bulky merchandise that is then shipped to the victim's home. While the crooks don't get the stolen merchandise, the unauthorized purchases rack up valuable credits called "Kohl's cash" that the thieves quickly redeem at Kohl's locations for items that can be resold for cash or returned for gift cards.

KrebsOnSecurity reader Suzanne Perry, a self-professed "shopaholic" from Gilbert, Penn., said she recently received an email from Kohls.com stating that the email address on her account had been changed. Recognizing this as a common indicator of a compromised account, Perry said she immediately went to Kohls.com -- which confirmed her fears that her password had been changed.

Read more at krebsonsecurity.com.