UGC NET COMMERCE December 2018 Q21

0. “Skimming” in e-banking is a method of:

  • Option : A
  • Explanation : Skimming: Skimming is a method by which a device is used to steal credit card information. The legitimate credit card is swiped on the device, which steals the data on the magnetic strip of the credit card and they creates a clone of the credit card. This credit card information obtained is either directly used by the skimmer or is also sold online. This information is mostly bought by terrorist organisations.
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