Card-Not-Present Fraud: In card-not-present fraud, fraudsters use stolen credit card information for online or phone transactions where the physical card is not required. These transactions often bypass security measures like…
Changing Cards: Fraudsters may employ multiple stolen card accounts to spread out the risk and avoid suspicion. By frequently switching between different compromised cards, they minimize the chance of detection.…
These methods include high-quality printing, replication of security features, and even digitally manipulated images that can easily deceive the human eye. The Landscape of Advanced Counterfeiting: Fraudsters have honed their…