Carding

Definition of Carding

Carding refers to the illegal practice of fraudulently obtaining and using credit card information, typically through unauthorized access to sensitive data, online transactions, or hacking.

Criminals engaging in carding aim to exploit vulnerabilities in payment systems to make unauthorized purchases, cash withdrawals, or transfers, often resulting in financial losses for individuals, businesses, and financial institutions.

Carding activities involve a range of tactics, including phishing, identity theft, and cyberattacks, posing significant risks to individuals' financial security and the integrity of online commerce.

What is Carding?

Carding is a criminal activity involving the unauthorized acquisition and use of credit card information for fraudulent purposes.

Perpetrators, known as carders, use various illicit techniques to gain access to credit card details, which may include card numbers, expiration dates, security codes, and cardholders' personal information.

Carding can involve purchasing stolen card information on the dark web, exploiting security vulnerabilities, or employing social engineering tactics to deceive victims into revealing their card details.

This illicit practice poses serious financial and security risks to individuals and businesses, contributing to online payment fraud and identity theft.

What are examples of Carding?

Carding Forums

Online communities where cybercriminals share information, techniques, and stolen card data for financial gain.

Phishing

Sending deceptive emails or messages to trick individuals into revealing their credit card information or login credentials.

Skimming

Installing devices on ATMs, gas station pumps, or point-of-sale terminals to capture card data from unsuspecting users.

Data Breaches

Hacking into databases of companies or institutions to steal credit card data and sell it on the black market.

E-commerce Fraud

Unauthorized online purchases using stolen credit card information.

Card Not Present Fraud

Using stolen card data for online or phone transactions where physical presence is not required.

Social Engineering

Manipulating individuals into providing credit card details through psychological tactics or false pretenses.

Dump Scam

Selling lists of stolen credit card information, including card numbers, expiration dates, and security codes.

Carding Bots

Automated scripts or software used to test stolen card data on e-commerce websites to identify valid cards.