Understanding Cloned Cards and How Cloning Works

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Cloned cards are fraudulent copies of legitimate credit or debit cards created by criminals to commit fraud. The process involves stealing the card's information and replicating it onto a new card, which can then be used for unauthorized transactions.

How Cloning Works​

1. Data Theft: The first step in card cloning is the theft of card information. This is often done using skimming devicesthat capture the data stored on the card's magnetic strip. These devices can be discreetly attached to ATMs or point-of-sale terminals.
2. Creating the Clone: Once the data is captured, it is transferred onto a blank card, effectively creating a duplicate. This cloned card functions similarly to the original, allowing the fraudster to make purchases or withdraw cash directly from the victim's bank account.
3. Types of Fraud: Cloned cards can be used for various types of fraud, including:
   • In-person transactions: Using the cloned card at physical stores.
   • Online purchases: Carders can use stolen card details to make online transactions without needing the physical card.
   • Contactless payments: If the cloned card supports tap-and-pay features, small transactions can be made without entering a PIN.

Prevention Measures​

To protect against card cloning, individuals can take several precautions:

• Monitor Statements: Regularly check bank statements for unauthorized transactions.
• Use EMV Chips: Cards with EMV chips are more secure than those with only magnetic strips, as they generate unique transaction codes.
• Be Cautious with ATMs: Use ATMs in well-lit, secure locations and inspect them for any suspicious devices before inserting your card.

By understanding how cloned cards work and taking proactive measures, individuals can better protect themselves from credit card fraud.