23: What is a Dump Credit Card? Top Five Ways to Prevent a...

What is a Dump Credit Card? Top Five Ways to Prevent a Recurrence

A dump credit card is a great option to use for a short-term loan, or for a line of credit if you have a good credit history. If you want to apply for one of these cards, there are a few steps that you should follow.

McDumpals
McDumpals has a lot of claims to fame but it is not a household name. It is a relatively new player on the online credit card scene and the website is not even located in the US. However, there is a plethora of information on the website that is more than a little dubious. https://dumpscc.com

In addition to a plethora of dubious information, McDumpals has a mascot. Ronald McDonald may be the mascot of a fast food chain, but McDumpals is definitely the mascot of a nefarious criminal enterprise. So, if you are looking for a safe and secure source of cheap credit card data, McDumpals is not the place to look.

While McDumpals is no doubt a worthy adversary, a few other sites are a little more trustworthy. Some of the more reputable sites offer money back guarantees in the event that you are dissatisfied with the service.

BidenCash
The recent leak of credit card data from the dark web marketplace BidenCash is just the latest example of how prolific online credit card theft is. This data dump has been uncovered by cybersecurity firm D3 Lab.

It appears that this particular carding market, based in Russia, has taken inspiration from an earlier promotion by another dark web carding market, AllWorld Cards. During an event in August last year, the two markets gave away millions of stolen credit cards for free.

This latest data release from BidenCash is a much larger offering, though not quite as extensive as the earlier ones. Despite the high volume of cards being released, the number of usable cards is dwindling each day.

There are 1.2 million records in the data dump, with the majority of them being from the United States. Other countries with large numbers include India, Brazil, China, and Spain.

CVV
Credit card "dumps" are raw data from the magnetic stripe of a credit or debit card. They are generally obtained by malware-infected point-of-sale devices, and are used for cloning legitimate cards.

Dumps are typically sold for a higher price than CVVs, and are important for stealing a cardholder's identity. This data is then encoded onto a fake credit card, and can be used for purchases.

Credit card "dumps" are also used to open new bank accounts for money mules. These can then be used to acquire higher-value goods, such as luxury items.

A few months ago, a massive hack at Capital One revealed the personal information of 106 million customers. The stolen data was then made available on the darknet.

CVVs are three or four-digit numbers that appear on the back of a payment card. Visa uses a three-digit code, while American Express uses a four-digit number. It is a security feature implemented by many major credit card companies to reduce fraud.

Email addresses, phone numbers, and Social Security numbers
The best credit card provider in the United States is not the only one to suffer a security lapse. While the likes of you and yours truly haven't been pounced upon by hackers, the ills of the entrustable institution are inflicted on unsuspecting victims with access to an unprotected debit or credit card.

Fortunately, Capital One was able to swiftly remediate the situation and restore the confidence of its many card aficionados. In the meantime, here are the top five ways to prevent a recurrence. Hopefully, you'll be able to put these to good use while on the go. A credit card is only useful until you need it, not for the rest of your life. Be sure to keep up with the latest security trends.

Best blog topics

Actions

About 23

Popular photos right now