subject: Preventing Credit Card Fraud Through Issuer Identification Number [print this page] Many Webmasters do not know as a matter of fact as to what is an issuer identification number. The issuer identification number happens to be the six digit prefix code that is attached to any credit card, and it is also called the bank identification number. If you happen to have a very good idea is to what is this product, then you would find that it is an essential security measure that should be installed on each and every website in order for a person to procure the product with the help of a credit card.
There are a lot of websites that do not have the appropriate amount of security that is necessary for them to take credit card transactions, and those websites are the potential minefields for hackers, that not only exploit the weakness of that website, but make away with a lot of credit card details, which can be used for any other potential credit card transactions in any other e-commerce websites. Once such a vulnerability is located in a website, it is your duty in order to ensure that the person is who procure items from your websites are secured with the help of the issuer identification number list, which you could use to tally the credit card details.
Once you manage to procure the issuer identification number database, you would find that you can easily compare it with the amount of details that have been given by the person purchasing the product with the help of credit card, and the issuer identification number can actually give you a very healthy idea as to what bank has issued that credit card, and what is the purpose of the credit card. If you find that the purpose of the credit card is in perfect sync with the authorization of the person, then it is only a matter of time before you validate that purchase.
If you find that any of the details are not at all matching with your check that is compatible with the issuer identification number, then you should report the entire transaction to the appropriate authorities. They would then take care of noting down the Internet protocol address as well as the location of such a transaction going down, and would ensure that stringent actions will be taken against the person.
It is a very important fact that you should get to note the issuer identification number on the credit card, so that you can compare it with the list that is already present with you. The bank issuer identification number is normally located in the face of your credit card, and just doing a random issuer identification number search can give you a very good idea as to whether that credit card has been to procured through legal means, or through illegal methods. If you manage to look into so many details, then you can easily see for yourself that your website is very secure against any sort of credit card transactions.
