Credit Card Fraud

Credit card fraud is a form of financial fraud that involves the unauthorized use of a credit card to make purchases or withdraw funds. This fraudulent activity can occur through various methods, including the theft of physical cards, the interception of card information during online transactions, or the use of phishing techniques to deceive cardholders into revealing their details. Credit card fraud can result in significant financial losses for both individuals and businesses, as well as damage to the victim's credit score. Detection and prevention measures include sophisticated security technologies, monitoring systems, and consumer awareness to recognize suspicious activities.