Credit card cloning involves stealing card information using a concealed scanner.
Thieves capture the data to make unauthorized purchases or sell it on the dark web.
The use of encrypted chip cards has helped disrupt this type of theft.
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Credit Clone Card
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There are several ways to clone a credit card, none of which involve theft of the physical credit card. Thieves can rig a legitimate ATM with an electronic attachment that captures and stores the necessary information. The data is then ready to be used digitally or to be downloaded onto the magnetic strip of another physical credit card.
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