chushpan
Professional
- Messages
- 661
- Reaction score
- 449
- Points
- 63
Carding, in the context of cybercrime, refers to the fraudulent use of stolen credit card information for personal gain, such as purchasing goods or services. This activity is illegal and is regulated under various laws depending on the country.
- India:
- Carding is explicitly illegal under Section 66C of the Information Technology Act, 2000. This section penalizes identity theft and the fraudulent use of electronic signatures, passwords, or other unique identification features.
- United States:
- In the U.S., carding is addressed under laws related to identity theft and credit card fraud, such as the Identity Theft and Assumption Deterrence Act (1998) and provisions under the Computer Fraud and Abuse Act (CFAA). These laws criminalize the unauthorized use of credit card information and impose severe penalties.
- Global Context:
- Many countries have adopted similar legislation to combat carding, often under broader cybercrime or fraud laws. For example, the European Union's General Data Protection Regulation (GDPR) indirectly addresses carding by enforcing strict data protection measures to prevent unauthorized access to personal and financial information.