The new age of the internet had brought a lot of good things and bad things to men. Hence, carding has been one of the issues that we all have to be very careful of. Doesn’t sound familiar? Read and find out below.
With the new age of technology, no doubt internet crimes came to rise as well. Many people have been a victim of scams and fraud of different forms. One of these crimes that are often rampant is called syndicated carding.
In this article, we are going to delve deeper into syndicate carding and what makes them dangerous to us. Hopefully, by the end of this article, we become more vigilant about these internet crimes.
Syndicated Carding 101: Things that we need to know about it.
The best definition to define syndicated carding is when people are using your credit card for an unauthorized purchase. Most of the time, your credit card is used to buy certain things through online shopping. You will only know that you are already a victim of the scam when you see your credit card bill skyrocketing.
Can we avoid this scam?
It sounds scary, right? However, there are tons of ways how we can avoid this kind of scam. We must take these precautions seriously. These precautions can help you safeguard your money as well as your name. Before it happens to you, make sure that you keep your accounts safe and secured. If you are unsure of how carding works, it’s also best that you do your research online on crdforum.cc where you can find detailed info about it.
How can we avoid them?
One of the best ways how you can avoid syndicated scamming is through two-step authentication. This authentication allows you to safeguard your account. The two-step authentication is often tied to your phone number. It will give you an OTP code to help you open or proceed with certain bank-related transactions.
To turn on your two-step authentication feature, make sure to check out your mobile banking app. This way, you can toggle this feature before using your credit card.
Credit Card Stickers
Another thing that you should consider buying is credit card stickers. One of the best things about these credit card stickers is that they can cover the 16-digit number. This way, you can protect your card from people who are planning to copy your card number.
Never give your BANK PIN and OTP
Aside from the ones mentioned above, never your bank PIN as well. This had been a common source of fraud when you receive calls asking about your PIN. Hence, banks often would give advisories about not giving your PIN to other people, even if they are your family members.
Aside from that, make sure that you don’t also give your OTP to strangers. There have been several scams with regards to transferring money from your bank account to another number. Make sure that you don’t ever give your OTP not unless needed.
Make a habit of reading your bank statements
Reading bank statements is indeed boring. However, it’s one of the ways how you can check whether or not there have been fraudulent transactions on your account. This way, if there are any changes, big or small, it is best that you have them reported. So that, your bank can help you come up with other methods on how you can safeguard your credit card account.
This way, you rest assured that your money is safe from these possible credit card scams. If you notice any possible unauthorized transactions on your account, make sure to report them immediately to your bank.