How much bot-driven carding fraud can cost you?
Carding fraud is a popular bot-driven cyberthreat. Cybercriminals use multiple, parallel attempts to verify stolen credit card details or gift card balances.
Carding attacks can result in Card-not-present (CNP) fraud and chargebacks that hurt your e-commerce business. Without a bot mitigation solution in place, carding fraud can lead to:
- Loss of revenue due to blocked transactions
- Chargeback penalties & increased payment processing fees
- Termination of relationships with payment processors
- When fraudulent purchases occur they can cost e-commerce companies thousands of dollars a day in Credit Authorization and Address Verification (AVS) fees.
Use this calculator to understand how much bot-driven carding fraud can cost you.