Credit Card Hacking Setup
Today we will learn how hackers are stealing money from credit card.
Hackers are targeting credit card's victim for collecting details by sending spam messages. they send a offers on credit that increase credit Top Up limits , reward offers, loan offers. like these offers are sending to credit users. message are sending by bank name. Hackers are using SMS-spoofing method. they use bank sender id (harder id).
Let's understand
What Is Credit Card?
A credit card is a payment card issued by a financial institution, allowing the cardholder to borrow funds to pay for goods and services based on the cardholder's promise to the card issuer to pay them back, along with any agreed-upon fees and interest. Credit cards are widely used for both in-person and online transactions, offering convenience and a line of credit that can be used within certain limits. Users typically receive a monthly statement detailing their purchases, payments, and any interest or fees incurred. It's important to manage credit card usage responsibly to avoid accumulating debt and to maintain a good credit score.
How Hackers are stealing money?
Hackers are using fake bank app. when users are fill credit card information then hackers are using any website to make purchase products. also they can withdraw the credit card amount easily.
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