Definitions-Carding:Credit That Is

Security Credit Card goldThis blog has stated how important it is to protect personally identifiable information, and the avoidance of credit and debit card number theft by malware. Here’s a couple of definitions that illuminate how efficient the credit and debit card theft (carding) operations are.

Carding

Carding crimes are offenses in which the Internet is used to traffic in and exploit the stolen credit card, bank account, and other personal identification information of hundreds of thousands of victims globally.

Carding Forums

Carding forums” are websites used by criminals engaged in carding (“carders”) to facilitate their criminal activity. Carders use carding forums to, among other things, exchange information related to carding, such as information concerning hacking methods or computer-security vulnerabilities that could be used to obtain personal identification information; and to buy and sell goods and services related to carding—for example, stolen credit or debit card account numbers, hardware for creating counterfeit credit or debit cards, or goods bought with compromised credit card or debit card accounts. Carding forums often permit users to post public messages—postings that can be viewed by all users of the site—sometimes referred to as threads. For example, a user who has stolen credit card numbers may post a public thread offering to sell the numbers. Carding forums also often permit users to communicate one-to-one through so-called private messages. Because carding forums are, in essence, marketplaces for illegal activities, access is typically restricted to avoid law enforcement surveillance. Typically, a prospective user seeking to join a carding forum can only do so if other, already established users vouch for him or her, or if he or she pays a sum of money to the operators of the carding forum. User accounts are typically identified by a username and access is restricted by password. Users of carding forums typically identify themselves on such forums using aliases or online nicknames (“nics”).”

Reference: This blog’s List of Terms Page

As always, I appreciate your comments on this subject…so please do. And be careful out there…it’s extremely dangerous these days.

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Home computing is a blast…keep it safe, productive and enjoyable.

Best regards,

Paul

lubicp(at)yahoo.com and if you twitter, follow me @paulsinternet on Twitter.

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2 Comments

Filed under Cybercrime, Internet Security, security

2 responses to “Definitions-Carding:Credit That Is

  1. You have made some good points there. I checked
    on the net for additional information about the issue and found most people will go along with
    your views on this web site.

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