Most carding forums facilitate the sale of stolen identities, compromised credit card numbers and false logins. Adversaries engaged in carding schemes are known as “carders.”Ĭarders are active participants on websites referred to as carding forums. The term, however, has evolved in recent years to include a range of malicious acts involving unauthorized use of payment cards such as Internet auction fraud, debiting stolen account numbers, reshipping and phishing. In general, the term “carding” is used to describe the theft of credit or debit cards which are then used to purchase goods and services. What is carding and the carding business? What you can do to protect yourself against carding.
By the time you finish reading this article, you will know more about: In this article, we’ll talk about the carding process in detail. Illicit payments cause loss of inventory, charge-backs and harm to a victim’s reputation, all of which can seriously damage a retailer’s business. Merchants are affected just as badly as consumers by counterfeit transactions.
