Common carding scams have become increasingly common in 2023, as cybercriminals have become more adept at exploiting security vulnerabilities in online transactions. Carding scams typically involve a malicious actor who uses stolen credit cards to purchase items online or to withdraw money from ATMs.
One of the most common carding scams is known as “skimming.” This involves criminals using skimming devices to collect card information from ATMs or point of sale terminals. This can happen in public places such as restaurants and stores, or even in the privacy of one’s own home. The information is then collected and used to create counterfeit credit cards or to make fraudulent purchases.
Another popular carding scam is known as “phishing.” This involves fraudsters sending out fake emails that appear to come from legitimate companies. These emails often include a link or attachment, which leads users to a website where they can enter their card details. The cybercriminal then uses the stolen information to make dishonest purchases or transfer funds.
Carding scams have also been known to involve the use of “vishing.” This involves criminals placing automated phone calls to unsuspecting victims and falsely posing as legitimate representatives of companies. They then ask the victims to provide sensitive information such as credit card details, passwords and log-in codes.
The prevalence of carding scams has led to increased regulation of online transactions, as well as the development of more secure payment solutions. Nevertheless, it is important to remain wary of potential scams and to be particularly cautious when dealing with unknown entities online.