🇦🇺Australia

Employee Fraud in Loyalty Point Exploitation

4 verified sources

Definition

Programs like those in Office National allow points redemption for high-value gift cards (e.g., Apple, flights), vulnerable to insider abuse without digital tracking.

Key Findings

  • Financial Impact: 1-3% of program value (AUD 2,000 - 10,000/year for AUD 500k spend loyalty pool)
  • Frequency: Ongoing, peaks at redemption cycles
  • Root Cause: Manual or account-based point allocation without approval workflows

Why This Matters

Retail Gifts & Supplies firms in Australia 🇦🇺 lose 1-2% of loyalty value (AUD 2,000+ annually) to internal abuse. Automated audit trails prevent theft.

Affected Stakeholders

Store Staff, Customer Service

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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