Which of the following types of credit card fraud refers to copying the card and use it to make transactions?

Question: Which of the following types of credit card fraud refers to copying the card and use it to make transactions?

This type of fraud is known as cloning fraud. It occurs when criminals copy and use stolen card information to shop in person, or online, and with any contactless payments. This type of fraud is becoming increasingly common with the rise in contactless payments and e-commerce. Cloning involves copying the magnetic strip, chip, or card numbers from a legitimate card without the cardholder’s knowledge. Once the fraudster has the copied card information, they can use it to make online transactions or to purchase goods in person using the stolen card information.

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