In recent years, there has been a surge in the popularity of so-called “Apple Carding” schemes. While the concept is relatively simple, the implications are far-reaching and can be quite damaging. In this article, we’ll take a look at what Apple Carding is, how it works, and why you should be on the lookout for it.
What is Apple Carding?
Apple Carding is a type of fraud that takes advantage of the way that Apple Pay works. Essentially, criminals use stolen or spoofed credit cards to add funds to an Apple Pay account. They can then use those funds to make purchases through Apple Pay without ever having to physically possess the credit card.
How Does It Work?
The first step in an Apple Carding scheme is acquiring stolen or fake credit card information. This can be done through online forums, social media groups, or even by physically stealing credit cards from unsuspecting victims. Once the criminals have the necessary information, they can add the card to their Apple Pay account using the victim’s name and address.
Once the card has been added to their account, they can begin making purchases through Apple Pay without ever having to physically possess the credit card. This makes it difficult for law enforcement to track down the criminals since there is no physical evidence left behind. And since most purchases made through Apple Pay are small (under $100), many victims don’t even realize that they’ve been victimized until it’s too late.
Why You Should Be Concerned
Apple Carding schemes are becoming more and more common as time goes on. In fact, just last year there was a major outbreak of this type of fraud in Australia that resulted in millions of dollars worth of damage. And as our world becomes increasingly digitized, it’s likely that we’ll see even more cases of Apple Carding in the future.
So what can you do to protect yourself? The best defense against Apple Carding is to be aware of it and to keep a close eye on your credit card statements for any suspicious activity. If you see something that doesn’t look right, don’t hesitate to contact your bank or financial institution immediately.
It is also important to only make purchases from websites and businesses that you know and trust. This will help to ensure that your personal and financial information stays safe and secure throughout the entire process. Finally, if you ever have any suspicions about a charge on your credit card statement or receive any suspicious communications from someone claiming to be from Apple, do not hesitate to contact customer service immediately so that they can investigate further.
Apple Carding is a type of fraud that takes advantage of how Apple Pay works. Criminals use stolen or fake credit card information to add funds to an Apple Pay account which they can then use to make purchases without ever having physical possession of the card. This makes it difficult for law enforcement to track down the criminals since there is no physical evidence left behind.