What is carding?
Carding is a type of credit card fraud where criminals use stolen credit card information to make unauthorized purchases or transactions. This often involves testing the card information on websites with small transactions to confirm that the card is valid and active. Once the card is confirmed, it can be used for more extensive fraud elsewhere.
What can be done to prevent carding?
To protect against carding, businesses can implement security measures such as 3D Secure and CAPTCHA. It is also important for individuals to be cautious about sharing card information and to monitor account statements for suspicious transactions. If you notice any unknown small or large transactions, contact your bank as soon as possible.
Related words: Hacking, Data breach, Threat intelligence.