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Darkmoney

Darkmoney

CARDING FORUM

What is Verified Carding Forum?

 

A Verified Carding Forum is an unlawful website dedicated to the sharing of stolen credit card information and details. Carding Forum contains credit card information that has been stolen or obtained by any other illegal means. It also includes a discussion Board in which the members of forum shares techniques and tactics to be used to obtain credit card information. 

Verified Carding Forum are usually found on “Dark Web” using highly encoded TOR routing intended to provide secrecy. Purchaser of stolen credit “card information” mostly pay in cryptocurrencies. Sale and purchase of “stolen credit card information” is illegal therefore, participants in carding forum use aliases to hide their identities.

  • “Fullz” is a term, in slang, used for complete credit card information required to a thief to for buying something using stolen card. Usually “Fullz” pertains your name, account data, social security number and other information needed for the transaction.

How Verified Carding Forum Works?

When a person or an organized group steals credit or debit card information, it’s not clear whether the number or stolen information is sufficient for making transaction or not. For example, if the stolen card has insufficient funds for the transaction, or user has cancelled their card, or card has been blocked due to any penal action, or card has been expired. The card thief needs verification of card information so that he can use the card’s information for deceitful purchases and transactions.

Thieves primarily focus on verification of stolen credit or debit card information by multiple ways. Most commonly they suggest that stolen card first be used to make a small transaction containing nominal amount that are unlikely to trigger a warning to the rightful owner/cardholder. Debit and credit cards information which has been verified by using carding techniques, thieves sell this information to other parties, who makes fraudulent purchases using this information.

Carding Forums is a market place used by thieves willing to use stolen card information for making purchases, as well as folks looking to buy stolen card number. Thieves makes the offer on the forum which attracts the buyer and they negotiate on the forum, or move their offers for sale to black markets on the dark web, where bulk of credit and debit card information in hundred to thousands of dollars. Furthermore, prevention of these black market is quite impossible for law enforcement agencies.

 

How to protect Yourself from Verified Carding Forum?

There is no scientific and authentic method is invented to minimize the possibility of carding forum. However, precaution and careful means can be used to avoid this fraud. Be conscious while providing you credit card information, provide information to reputable retailers only. 

Trades and industries are equally worried by the fraud linked with carding forums as stolen or breached date directly impact their profits and reputation. Therefore, most of the grand retailers have implemented various modes to reduce the possibility of data stealing including multi-part payment process to verify transactions and filter out fraud. This most commonly includes ‘CAPTCHA’ which tries to confirm human input and decline automated and rebooted scripts from processing batches of stolen debit and credit card numbers.  

Furthermore, the credit and debit card industry is adopting precautionary measures by introducing latest techniques to lessen this illegal activity and to avoid the possibility of fraud. Chip, RFID and PIN empowered cards as well as sensitive electronic countermeasures have made stealing card’s information more tough for thieves/criminals. However, as precautionary method become more urbane, as compare to thieves/criminals.

Despite these best counter-measures, even the major companies and individuals are susceptible to data breaches which release your card’s information over the dark web.