Carding is a type of fraud that involves the unauthorized use of credit cards). Criminals obtain stolen credit card numbers and use them to buy prepaid gift cards or high-value goods, or to directly retrieve funds from associated accounts. Carding can also involve the exploitation of personal data and money laundering techniques).
Carding methods include "trashing" for financial data, raiding mailboxes, working with insiders, and using bots to verify which credit card numbers are valid). Criminals can also use scanners to copy the coding from the magnetic strips on credit cards.
Carding forums are online shopping venues for stolen credit and debit card information and criminal techniques. These forums are used to share stolen credit card data and discuss techniques for obtaining credit card data.
To prevent carding, it is important to regularly review and report any suspicious activity on your credit or debit card. Consumers can also protect themselves by being aware of common carding methods, such as skimming, shimming, and point-of-sale hacking.
