So how does carding actually work? How do criminals get your credit card details? And how can you protect yourself from this type of identity theft? How Does Carding Work?Ĭarding is a type of credit card scam in which a criminal steals or fraudulently uses credit card details to buy prepaid gift cards.Īfter they get your details, criminals test the validity of your card by attempting small purchases across the web. And online shopping was the third most reported type of fraud.Īs we spend more time and money online, the threat of carding only increases. It’s a somewhat simple scam with serious consequences.Īccording to the Federal Trade Commission (FTC), consumers lost $627 million to fraud in the last few years. But the convenience of online shopping isn’t just good news for shoppers - it’s also a boon for a special type of fraud called carding.Ĭarding is when criminals steal your credit card and use it to buy prepaid gift cards. Dedicated bot mitigation solutions take a different approach and effectively eliminate carding attacks through deep user behavior, and intent analysis.E-commerce is booming. The list includes completely outsourcing all aspects of payments to providers that are equipped with adequate facilities to address carding attacks increasing the minimum checkout value and IP blacklisting. The Open Web Application Security Project ( OWASP), a not-for-profit charitable organization focused on improving the security of software, suggests a list of countermeasures to address carding attacks. After identifying the right set of card details, hackers can sell them on dark web marketplaces or simply cash out (OWASP OAT - 012) the cards. The authenticity of stolen card details are often unknown to the carders, and therefore, bots are deployed on payment processing pages to compose the correct set of card details.
Hackers deploy bots on payment processing pages to verify the validity of stolen card details. The primary reason behind carding attacks is to illegally purchase goods or cash out the cards. Hackers also apply card cracking (OWASP OAT-010) practices to obtain credit card details. Such card details are stolen from different payment channels, another application, or purchased from dark web marketplaces. Carding (OWASP OAT-001) is an automated form of payment fraud in which fraudsters test a bulk list of credit/ debit card data against a merchant’s payment processing system to verify the stolen card details.
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