What is CVV Site?

What is CVV Site?

In its earliest form credit cards were considered one of the most secure payment methods in both online and offline transactions.

In a traditional brick and mortar store signatures and the showing of a valid ID was needed to confirm the cardholder’s identity. On the internet, a 3-digit security code was needed for the transaction to go through.

However, when the internet broke out and became mainstream unscrupulous people began tinkering on ways how they could copy and use credit cards that were not theirs.

Then came hackers, the dark web and CVV sites that sold credit card numbers to the highest bidder.

To learn how to avoid being the victim of credit card fraud you must know how to recognize phishing attempts and learn how to keep your card safe from prying eyes.

What is a CVV Dump?

A cvv dump or otherwise called a cvv site is a place where people can buy stolen credit card information on the internet.

A credit card number of one of the most-valued commodity on the deep web, and hackers usually acquire them and other financial information when they attack a financial institution’s database, for example.

A credit card is an accepted form of payment on Amazon and other e-commerce sites. It’s very convenient and easy to use- the user just has to enter the credit card number, the expiration date and the CVV code then click on ‘Buy’ to get the product they want.

In comparison, a CVV site will have a number of credit cards that are up for sale. The card information, such as expiration date and card number are the exact same ones as a real credit card.

The best cvv shop will have a fresh batch of credit card dumps ready for use once purchased. Hackers usually test the validity of the credit cards by making small Western Union transfers or online purchases.

A cvv site is different from the cvv on a credit card. It’s a term used on the dark web to indicate a credit card dump, or stolen data.

Online Transaction Security

Although credit card companies and financial institutions are aware of the problem concerning cvv dumps the challenge lies in stopping all unauthorized charges from happening in the first place.

E-commerce shops and online technologies do not store a card number’s CVV code for this reason. In the case that the database gets hacked then they will have the card number and expiration but not the CVV code.

Hackers, however can find other ways to obtain this information. They can install skimmers on ATMs and card terminals, copy using specialized equipment or via phishing attempts to get the numbers from the owner.

One way merchants can verify this is by checking the billing address and shipping address. If these two vary by country or city then there’s a chance it could be fraudulent.

Card holders must be vigilant and always check their statement for any unusual charges that may have occurred. Then, they can ask for a replacement card, one that has a different number and CVV code to circumvent the issue.

John Norwood
John Norwood is best known as a technology journalist, currently at Ziddu where he focuses on tech startups, companies, and products.