Which Type Of Individual May Steal Credit Card Numbers To Make Fraudulent Purchases?

Which Type Of Individual May Steal Credit Card Numbers To Make Fraudulent Purchases?

 

Ever wondered which type of individual may steal credit card numbers to make fraudulent purchases? This question is for both current and aspiring credit cardholders. The answer to this question may seem quite obvious. However, the stealing of CC numbers by such an individual can be done in a pretty sophisticated manner and cardholders need to be wary of the different methods they deploy.

Which Type Of Individual May Steal Credit Card Numbers To Make Fraudulent Purchases? – The Answer

The answer to the question is simply “a corrupt individual”.  That’s right, only a person that is corrupt would contemplate stealing another person’s credit card number in order to carry out fraudulent purchases. Using another person’s credit card to buy stuff without their knowledge in whatever guise is wrong. However, to actually carry out a premeditated plan to steal credit card numbers takes the fraudulent crime to a whole new level deviousness.  

Using Phishing Sites To Perpetuate The Theft Of Credit Card Numbers

The criminal act of stealing another individual’s credit card number is nothing new. However, the methods deployed by criminals seem to evolve over time. These days criminals use phishing sites to lure unsuspecting credit card holders into disclosing vital credit card details. These sites request for the credit card number, security codes (CVV), expiration date, cardholder’s full name and even the last 4 single digits of their social security number. Once the perpetrators of these phishing sites obtain such credit card information, they can use the card to purchase stuff online. There are many seemingly authentic online businesses that are actually phishing sites created by deviously ingenious individuals. So be careful when browsing the Internet.

Which Type Of Individual May Steal Credit Card Numbers To Make Fraudulent Purchases? – VCC One Solution To Avoid The Theft Of Credit Card Numbers

One way to avoid being a victim of credit card number theft is by using a “Virtual Credit Card”. Banks provide such cards to customers who are afraid of providing untrusted sites with their CC details. VCC is a temporary CC number that is linked to a customer’s account, but with clear limitation of use to help prevent possible fraud.