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Fourth echelon

Hackers are draining bank accounts via the Starbucks app

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The Starbucks app lets you pay at checkout with your phone. It can also reload Starbucks gift cards by automatically drawing funds from your bank account, credit card or PayPal.

That's how criminals are siphoning money away from victims. They break into a victim's Starbucks account online, add a new gift card, transfer funds over -- and repeat the process every time the original card reloads.

These thefts were first reported by consumer journalist Bob Sullivan.

CNNMoney interviewed several Starbucks customers who in recent months have had this happen to them.

It happened to Jean Obando on the Saturday evening of December 7. He had just stopped by a Starbucks in Sugar Land, Texas and paid with his phone app. Then while driving on the highway, his phone chimed with a barrage of alerts. PayPal repeatedly notified him that his Starbucks card was being automatically reloaded with $50.

http://money.cnn.com/2015/05/13/technology/hackers-starbucks-app/index.html

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