COMMON PAYMENT FRAUD ATTACKS

PHISHING ATTACKS

Phishing is a social engineering attack that used to steal personal data, such as login credentials and credit card numbers, by tricking users into sharing their private information.

IDENTITY THEFT ATTACKS

Identity theft is an attack where criminals steal personal information and use it deceptively to purchase goods or services.

Often, fraudulent purchases happening this way would leave the victims very surprised.

PAGE JACKING ATTACKS

Pagejacking is a technique where hackers divert traffic away from an e-commerce website by redirecting visitors to a different website. This is done to gather information and potentially access the security system of the network.

MERCHANT ID ATTACKS

Merchant identity attack is when criminals set up a fake merchant and use stolen credit cards to make fraudulent charges.

After that, they will disappear before the cardholders become aware of the unauthorized payments made.