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breach watch PYMNTS.com July 07, 2026

Gift Card Loophole Gives Hackers a New Way to Cash Out

Gift Card Loophole Gives Hackers a New Way to Cash Out
AI Summary

Every artificial intelligence (AI) platform that stores a payment method and adds a gifting feature has created a new monetization surface for account takeover fraud. Claude users are discovering gift subscriptions they never bought showing up as charges on their credit cards, The Guardian reported in May. Attackers did not breach Anthropic’s systems.

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