You might be forgiven for thinking that cybercrime is almost all about ransomware and cryptocoins these days.
In a ransomware attack, the crooks typically blackmail you to send them cryptocurrency in return for giving you your stolen data back (or for not selling it on to someone else).
In a cryptocoin attack, the crooks typically take your cryptocurrency for themselves, perhaps by exploiting a bug in the trading software you use, or by stealing your private keys so they have direct access to your cryptocurrency wallet.
This sort of criminality sometimes involves amounts reaching tens of millions of dollars, or even hundreds of millions of dollars, in a single attack.
But gift card fraud still fills a distressing niche in the cybercrime ecosystem, where a gang of crooks redeem gift cards that you paid for, either because you were convinced that those cards were earmarked for something else, or because the crooks got temporary…