In today’s digital age, where online shopping and cashless transactions dominate, a sneaky cyber threat called carding is on the rise. Carding involves cybercriminals stealing credit card information to make unauthorized purchases, drain accounts, or sell the data on the dark web. This sophisticated scam targets unsuspecting individuals and businesses, exploiting vulnerabilities in payment systems and personal security practices. From phishing emails to skimming devices at ATMs, carders use a variety of tactics to harvest sensitive data, often leaving victims with financial losses and a lengthy recovery process.
What makes carding particularly dangerous is its accessibility. Cybercriminals don’t need to be tech geniuses; underground forums offer stolen card details for as little as a few dollars, fueling a thriving black market. The impact is staggering—billions of dollars are lost annually to carding fraud, with small businesses and individuals often hit the hardest. While banks and payment platforms are ramping up security with measures like two-factor authentication and AI-driven fraud detection, carders continue to evolve, finding new ways to bypass protections.
Understanding carding is the first step to staying safe. Simple habits, like monitoring bank statements, using secure websites, and avoiding suspicious links, can make a big difference. Want to know more about how carding works and how to protect yourself? Check out the full article here.
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