Why Hackers Use Non-VBV Credit Cards for Fraud?
Why do hackers use non VBV credit cards for credit card fraud? Well, the answer is very simple. Banks and other financial institutions are sitting on millions of dollars of customer's funds. But in order to make money with this money, the banks need to give out more credit cards to their customers. They give verified as well as non-verified cards. As the name goes, verified cards are not really safe. Anyone can take advantage of these cards. It is one of the reasons why hackers buy non VBV BINs. They get credit card details for non-verified cards, which they can easily use online. You can easily buy these cards from the CVV shop. Non-VBV cards have very little security built into them. All they need is to have some knowledge of what it is that you are doing when you put your personal information online. The reason that these cards are so popular is that they are used in a variety of ways. You may be a doctor who gives medical billing information out over the phone, or you may be an accountant who gives out the personal and financial information online. It is all about how secure the site is that you are using to process these credit card transactions. If the site is not secure, your personal information can be stolen. The thief can use this information to apply for new credit cards, wipe out old ones, or take out loans. The bottom line is that if you do not protect yourself from these unscrupulous people, you are going to be at risk. Another reason why hackers use these personal information sources is that they can get access to a lot of databases at once. This means that the hacker gets to see a lot more personal information on you than you would ever want him to see. Not only will the hacker know your name, address, social security number, and all of your other personal information. Even if you are using a secure server to process your credit card payments, you are still at risk if you are not encrypted with the information that is being passed between you and the server. There are so many companies offering this type of service that there is no reason that you should assume that the company you are using has encrypted your information properly. This is one of the most common reasons that hackers use your information to commit credit card fraud.