Cloned cards refer to counterfeit or duplicate cards that are created by copying the information from a legitimate card, such as a credit card, debit card, or identification card. This is typically done for fraudulent purposes, such as making unauthorized transactions or gaining access to sensitive information.
Cloned cards can be created using various methods, including:
1. Skimming: Stealing card information from ATMs or point-of-sale terminals.
2. Hacking: Obtaining card information through online data breaches.
3. Physical theft: Stealing physical cards and creating duplicates.
It's essential to note that cloned cards are illegal and can lead to severe consequences, including financial loss, identity theft, and legal repercussions. If you suspect that your card has been cloned or compromised, contact your bank or card issuer immediately.
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