Infographic
Are You Prepared for CARDING ATTACKS?
The infographic explains that carding attacks involve bots testing stolen credit and debit card data through small e-commerce purchases to identify valid cards for larger fraudulent transactions or resale. Over 4 million card details circulate on the dark web, with botnet rentals costing as little as $9 per hour. Carding attacks increased 112 percent year over year, and card-not-present fraud is 81 percent more likely than point-of-sale fraud. Digital payment fraud is projected to reach $130 billion by 2023, costing merchants $3.36 for every dollar lost. HUMAN combats these attacks using machine learning and behavioral analytics to detect and stop them efficiently.