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However, these scams can get much more sinister, with the process to obtain a gift-card generator actually downloading malware to someone’s system, researchers said.Īrtnz described one such scam that used a gift-card generator to steal cryptocurrency from victims using a file titled “Amazon Gift Tool.exe” that was being marketed on a publicly available file repository site as a free Amazon gift card generator. Likely this occurs after people fill out surveys and give up personal information. The “lucky” people who fall victim to these scams will download gift-card generators and be informed just before trying to use them that they don’t actually generate valid gift-card codes, but only “random codes for ‘educational purposes,'” Artnz wrote. These sites can be particularly deceptive because they use major brands such as Amazon, Roblox, Google, Xbox and PS5.
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Researchers said they have been tracking a number of websites that claim to provide “gift card generators” that people can use to generate the code for all kinds of gift cards. “If you see websites offering all kinds of discounts on gift cards, you can be assured that these will turn out to be fakes or they have been acquired in an illegal way and you could be acting as a fence,” wrote Pieter Artnz, Malwarebytes malware intelligence researcher. One novel twist includes offering gift cards for significantly less than face value as a ploy to entice users to buy stolen gift-cards or download malware. In a Tuesday-post, researchers at Malwarebytes Labs, outlined this year’s latest gift-card scams. That’s why scammers save to trot out new ways to snare cyber-savvy shoppers. Internet-based Black Friday and Cyber Monday scams have become as common as the Macy’s Thanksgiving Day Parade.
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Experts warn new tactics include bogus gift-card generators that install malware designed to sniff out a victim’s cryptocurrency wallet address. Black Friday cyber-pariahs have revamped gift-card scams to better target modern online shoppers hungry for deals post-Thanksgiving.