Credit card cloning from the perspective of the General Data Protection Law

Abstract

Technological advancement has transformed payment methods, replacing cash with credit cards and facilitating online transactions. However, this evolution has also brought challenges, such as vulnerability to fraud, hacking, and cloning, raising concerns about the security of personal and banking data. In this scenario, financial institutions have become targets of lawsuits from consumers harmed by cybercrimes. The implementation of the General Data Protection Law (GDPL) is essential to ensure the privacy of data subjects, requiring operators to adopt stringent security measures. This work aims to demonstrate that the application of the GDPL can prevent data breaches and fraud, promoting a safer digital environment for consumers.