In an increasingly cashless world, convenience comes at a cost. With the widespread use of RFID-enabled credit and debit cards, a new threat has emerged—digital pickpocketing. Without any physical ...
Finances FYI is a weekly series providing straightforward finance tips and best practices to help improve financial literacy. Technological advancements have made financial transactions quicker and ...
RFID credit cards are growing in popularity and have already been adopted by major credit card issuers. These cards use radio frequencies to allow the cardholder to pay at terminals by tapping their ...
ARLINGTON, Va.--Future government-issued travel documents may feature embedded computer chips that can be read at a distance of up to 30 feet, a top Homeland Security official said Tuesday, creating ...
It’s been known for some time that there are security issues associated with the increasing use of RFID tags in credit cards, but this past weekend afforded a fresh demonstration of just how easy it ...
WOODHAVEN, N.Y., April 11, 2025 (GLOBE NEWSWIRE) -- I'll never forget the moment I discovered just how vulnerable my personal information really was. I was at a busy airport, juggling my bags and ...
Despite demonstrations to show it's possible, documented cases of RFID credit card fraud are unknown. And as security professionals know, there is a huge gulf between potential crime and actual crime.
The credit card companies are taking the “necessary steps” so consumers can use the cards in a secure way, said ITRC executive director Jay Foley. “There is no real pickpocketing capability there. You ...
[Benjamin Blundell] loves wearable technology — but isn’t very happy with commercial offerings — at least not yet. He wanted to take one of his personal RFID cards, and fit it into a much smaller form ...