The Scammer's Go-To: Buying Hacked Credit Cards

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The Scammer's Go-To: Buying Hacked Credit Cards

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The Truth Behind CCV, Dumps and Cloned Cards
The sale of hacked credit cards is a growing issue across the internet and beyond. Cybercriminals are taking advantage of the lack of security protections by selling off stolen cards and Visa and Mastercard cards on various websites, forums, and dark internet sites. These cloned cards, which may be sold directly or through middlemen, are often used to buy goods and services without permission from the legitimate bank account holders. The cards are often sold in the form of complete data dumps, which include the cardholders full credit card number, expiration date, security code (CCV), and zip code. To buy such information through the online black market requires the use of anonymous methods like bitcoins, altcoins, and other cryptocurrencies to complete the transactions.

It is important to be very careful when buying these stolen credit cards. Most credit card issuers will be able to detect fraudulent activities and as such, the hackers may use compromised cards to pay for goods and services before they get caught.


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