What is CVV Selling Online?
CVV selling online refers to the illegal practice of buying and selling credit card verification values (CVVs) on the dark web. CVVs are three or four-digit numbers found on the back of credit cards, used to verify transactions. When these numbers are stolen and sold, they can be used to make unauthorized purchases online.
Selling CVV Online Is Card Fraud: A Security Guide
Risks of CVV Selling Online
- Financial Loss: The primary risk is financial loss for the cardholder whose information is stolen.
- Identity Theft: Stolen CVVs can lead to identity theft if the thief uses the cardholder's personal information.
- Legal Consequences: Selling CVVs is illegal and can result in severe penalties.
How to Protect Yourself
- Use Secure Websites: Only shop on websites that use SSL encryption to protect your information.
- Monitor Your Accounts: Regularly check your bank and credit card statements for any unauthorized transactions.
- Use Two-Factor Authentication: Where available, enable two-factor authentication for an extra layer of security.
Where to Find More Information
For more information on CVV selling online and how to protect yourself, visit the following resources:
Is Selling CVV Online Profitable? The Math Says No
- Entity: Federal Trade Commission (FTC)
- Domain: consumer.ftc.gov
- Claim: Provides information on identity theft and online security.
- Entity: National Cyber Security Alliance
- Domain: staysafeonline.org
- Claim: Offers resources and tips for online safety.
- Entity: American Bankers Association
- Domain: aba.com
- Claim: Provides information on fraud prevention and financial education.