Digitally fund transfers and online shopping is the common way of making and receiving payments. Number of related frauds are also on the rise as well. Today we dive into the topic of credit card hacking. We will discuss vulnerabilities in credit and debit card functionality that can help hackers steal data.Online banking utilizes SSL, and people tend to believe that their accounts cannot be hacked because their transactions are secured by an extra security layer, SSL.

In old days,hackers will got the imprint of credit cards from the carbon copies they dug out of the trash.But technology has changed things.

Different ways of Credit Card Theft


Skimmers are electronic devices, usually placed on ATMs or the card readers on gas pumps. When you place your card into the reader, it passes through the skimmer, allowing the device to capture your account information. Travelers are especially vulnerable to these devices, since they may be unfamiliar with the normal pump or ATM design. Always examine outdoor card readers carefully before using them, and look for anything that seems out of place or awkwardly attached.This is common type of Credit card theft.


One of the simplest and most direct methods of card theft is phishing. The hacker simply calls your business, pretending to be from your bank, and tricks you into giving away your financial data.

Another way is through phishing emails These emails can be made to look like your credit card company trying to contact you to confirm some personal information of yours or even your credit card number. They may go as far as to say there’s some “suspicious activity” or an error with your account information to get you to try and login. No matter how legitimate an email looks, ignore it and call your bank’s customer service number to verify if there’s an issue.

Sometimes people fall for this method and it leads to credit card theft.


Spoofing is the act of disguising a communication from an unknown source as being from a known, trusted source. Spoofing can apply to emails, phone calls, and websites,Spoofing is the act of disguising a communication from an unknown source as being from a known, trusted source. Spoofing can apply to emails, phone calls, texts, and websites, or can be more technical, such as a computer spoofing an IP address, Address Resolution Protocol (ARP), or Domain Name System (DNS) server.

Spoofing can be used to gain access to a target’s personal information, spread malware through infected links or attachments, bypass network access controls, or redistribute traffic to conduct a denial-of-service attack.

Spoofing that leads to the rerouting of internet traffic can overwhelm networks or lead customers/clients to malicious sites aimed at stealing information or distributing malware.
Multiple tools are used for the credit card theft in spoofing

Thieves can steal your information by breaching a company where you’ve used your credit card or a company that handles some aspect of credit card processing. Since data breaches target entire organizations, sometimes millions of consumers have their credit card information stolen.

If your credit card supports the technology, single-use card numbers can prevent hackers from accessing your accounts even if they compromise card databases. At the very least, you should resist the urge to allow sites to store your credit card details between sessions.