Online credit card fraud includes a variety of deceptive schemes aimed at unlawfully obtaining credit card information and exploiting it for unauthorized purchases or transactions. Cybercriminals employ various tactics to conduct this fraud, including phishing scams, card skimming, identity theft, and data breaches.
Card testing fraud, also known as credit card or payment fraud occurs when fraudsters use stolen credit card information to make small purchases or test multiple numbers to verify their validity. These transactions are often conducted on e-commerce websites with weak security measures or loopholes in payment processing systems.
Chargeback fraud, also referred to as friendly fraud, transpires when a consumer disputes a legitimate transaction with their bank or credit card issuer. Claiming that the purchase was unauthorized or fraudulent. This fraud exploits the chargeback process to obtain a refund while retaining the purchased goods or services.
Job scams in India commonly involve fraudulent job postings online, where scammers impersonate legitimate companies or recruiters, promising lucrative positions in exchange for upfront payments for registration, training materials, or security deposits, often targeting desperate job seekers with unrealistic offers and disappearing once the money… Read More »Fake Job Scams
What is the Grandparents Scam? The Grandparents Scam is a deceptive scheme where fraudsters impersonate a grandchild in distress to manipulate elderly individuals into sending money. The scam preys on the love and concern grandparents have for their family, making it one of the most… Read More »Grandparents Scam
What is a Voice Cloning Scam? AI Voice cloning scams leverage advanced technology to mimic a person’s voice or create realistic scenarios using fabricated audio. In this case, scammers may simulate an emotional scenario. Like a distressed parent or a crying child, combined with fake… Read More »AI Voice Cloning SCAM
With the convenience of online shopping comes the risk of fraudulent activities, among which Triangulation Fraud stands out as a particularly deceptive scheme. Whether you are an entrepreneur or a consumer, understanding triangulation fraud is crucial for safeguarding your business and financial well-being. What is… Read More »Triangulation Fraud
In today’s digital era, where online transactions and interactions have become the norm, safeguarding personal and financial information is paramount. Among the myriad of cyber threats lurking in the virtual realm. Account Takeover (ATO) fraud stands out as a particularly insidious menace. Understanding its nuances… Read More »Account Takeover (ATO) Fraud
Cybersecurity threats are evolving at an alarming rate. One such threat that continues to plague online users and website owners alike is HTTPS phishing. As websites increasingly adopt HTTPS for secure communication, cybercriminals have found ways to exploit this protocol for malicious purposes. In this… Read More »HTTPS phishing
In the ever-expanding digital landscape, where online presence is crucial for businesses and individuals alike. The threat of typosquatting lurks in the shadows, waiting to exploit unsuspecting users. Typosquatting, also known as URL hijacking, is a deceptive practice that involves registering domain names similar to… Read More »Typosquatting (URL hijacking)