Carding 4 Carders
Professional
Every time a major credit card fraud case affects a business, we don't react to it, because it doesn't affect us personally.
However, not all breaches make the news cycle; there are a few smaller incidents that occur on a more regular basis.
While many of us would have been prepared for social engineering attacks by now, fraudsters have found new ways to steal credit cards.
Here's a quick rundown of the most common ways to steal credit card numbers in 2021.
1. Cloning cards
Creating a cloned credit card is the easiest way for a thief to spend someone else's money.
All they have to do is temporarily access your credit card (often in fractions of a minute) and program it to another prepaid card.
The cloned cards can then be sold on the darknet, usually via cryptocurrency.
Many of these stolen cards resemble real cards, and the attention to detail is overwhelming.
How can this be prevented?
To prevent credit card cloning, try not to transfer your credit card to another person unless it is an emergency.
Many restaurants, clubs and bars now have desktop payment terminals.
Change your pin code regularly and keep track of small unrecorded expenses on your credit card with SMS alerts or alerts from the Bank's app on your phone.
Many thieves first made small expenses with a cloned credit card, only to make a larger purchase later.
This gives you at least some risk reduction on this issue.
2. Skimming cards
Breathing down the neck of credit card cloning, ATM skimming is one of the most common ways to get credit and debit card data.
It typically uses magnetic stripe cards rather than cards with chips and pin codes, but as this story suggests, thieves can also install a mini-camera on the skimmer to capture the pin number.
Skimmers can also be placed in the shadow terminal of the point of sale and are not detectable to the naked eye.
Law enforcement agencies usually monitor thieves using this method, but skimming remains a fairly popular way to collect data from someone's credit card.
You are more vulnerable if you travel to a country where the police turn a blind eye to such crimes.
How can this be prevented?
To avoid skimming the card, you can try to detect fraudulent devices using the mobile app.
But no amount of prevention works better than tracking unauthorized transactions and changing your pin number frequently, as described above.
3. Formjacking
The digital equivalent of ATM skimming, "formjacking" is a term used by Symantec to refer to hackers who steal credit card information from checkout pages on websites.
They usually install malicious software, usually JavaScript code, to withdraw credit card numbers.
Cryptojacking is another similar term that refers to the removal of cryptocurrency details.
Stop the cryptojacking attack on browser s with the free Coinblocker browser plugin!
Formjacking became a threat in 2019, as leading websites such as British Airways, Ticketmaster, Home Depot, Target and Feedify reported cases of hacking.
How can this be prevented?
Since most form-stealing attacks use a malicious script, you must “kill" it during verification using script blockers.
In Firefox, use NoScript, and in Chrome, you can use an extension called Script Blocker.
As a result
How many of us will think twice before giving our credit card numbers to random apps and websites?
If you thought that bank encryption software and one-time passwords protected your financial information, you're partly right.
Indeed, today it is safer to use a credit card online than it was before, for example, in 2004.
But the threats haven't completely disappeared.
What precautions do you take to avoid credit card theft?
Please let us know in the comments.
However, not all breaches make the news cycle; there are a few smaller incidents that occur on a more regular basis.
While many of us would have been prepared for social engineering attacks by now, fraudsters have found new ways to steal credit cards.
Here's a quick rundown of the most common ways to steal credit card numbers in 2021.
1. Cloning cards
Creating a cloned credit card is the easiest way for a thief to spend someone else's money.
All they have to do is temporarily access your credit card (often in fractions of a minute) and program it to another prepaid card.
The cloned cards can then be sold on the darknet, usually via cryptocurrency.
Many of these stolen cards resemble real cards, and the attention to detail is overwhelming.
How can this be prevented?
To prevent credit card cloning, try not to transfer your credit card to another person unless it is an emergency.
Many restaurants, clubs and bars now have desktop payment terminals.
Change your pin code regularly and keep track of small unrecorded expenses on your credit card with SMS alerts or alerts from the Bank's app on your phone.
Many thieves first made small expenses with a cloned credit card, only to make a larger purchase later.
This gives you at least some risk reduction on this issue.
2. Skimming cards
Breathing down the neck of credit card cloning, ATM skimming is one of the most common ways to get credit and debit card data.
It typically uses magnetic stripe cards rather than cards with chips and pin codes, but as this story suggests, thieves can also install a mini-camera on the skimmer to capture the pin number.
Skimmers can also be placed in the shadow terminal of the point of sale and are not detectable to the naked eye.
Law enforcement agencies usually monitor thieves using this method, but skimming remains a fairly popular way to collect data from someone's credit card.
You are more vulnerable if you travel to a country where the police turn a blind eye to such crimes.
How can this be prevented?
To avoid skimming the card, you can try to detect fraudulent devices using the mobile app.
But no amount of prevention works better than tracking unauthorized transactions and changing your pin number frequently, as described above.
3. Formjacking
The digital equivalent of ATM skimming, "formjacking" is a term used by Symantec to refer to hackers who steal credit card information from checkout pages on websites.
They usually install malicious software, usually JavaScript code, to withdraw credit card numbers.
Cryptojacking is another similar term that refers to the removal of cryptocurrency details.
Stop the cryptojacking attack on browser s with the free Coinblocker browser plugin!
Formjacking became a threat in 2019, as leading websites such as British Airways, Ticketmaster, Home Depot, Target and Feedify reported cases of hacking.
How can this be prevented?
Since most form-stealing attacks use a malicious script, you must “kill" it during verification using script blockers.
In Firefox, use NoScript, and in Chrome, you can use an extension called Script Blocker.
As a result
How many of us will think twice before giving our credit card numbers to random apps and websites?
If you thought that bank encryption software and one-time passwords protected your financial information, you're partly right.
Indeed, today it is safer to use a credit card online than it was before, for example, in 2004.
But the threats haven't completely disappeared.
What precautions do you take to avoid credit card theft?
Please let us know in the comments.
