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 ...

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 ...

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 ...

Protect your information with this RFID-blocking wallet from Amazon Canada that's 55 per cent off. Getting your identity ...

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 ...

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.

Just a few decades ago, buying things meant going to the bank - your own physical branch, mind you, during the brief hours it was open - to take out cash. If you didn't have time for that, or ran out ...

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 ...

I’ve been researching the issue of RFID skimming. However, I can’t find conclusive sources on the true risk of this issue. Is it possible to read RFID chips on credit cards? If so, what type of ...

WTF?! Chinese-made chips used in popular contactless cards contain hardware backdoors that are easy to exploit. These chips are compatible with the proprietary Mifare protocol developed by Philips ...