Hackers now can use their phone or some other devices to still information from your credit cards which they will go and recycle later. With that they can access your funds online.
Criminals use RFID and NFC wireless communication to steal numbers
The readers can be brought online or downloaded to phone via an app
They have to stand six inches away while a transaction is being made
Within a matter of seconds, the technology can pick up and store data
A $300 machine can then replicate the card so it can be used elsewhere
It is estimated 70% cards will soon be vulnerable to digital pick pocketing
Cards can be protected from RFID skimmers by being wrapped in tin
HOW DIGITAL PICKPOCKETS WORK
The technology in the card, known as radio frequency identification (RFID), transmits bank details via its own radio signal.
Standing
just six inches (15cm) away, these criminals use RFID readers or apps
to harvest bank details in a practice known as ‘skimming’.
If
a readers or RFID-app enabled smartphone is within range, it can pick
up the wireless signals transmitted when that card is being used to buy a
product.
The information can then be input into a machine that they can be purchased for $300-$400 that can recreate the card.
Cards can be protected from RFID skimmers by being wrapped in tin foil or being kept in special foil-lined wallets.
Read more: http://www.dailymail.co.uk/sciencetech/article-2948212/Will-victim-digital-pickpockets-Hacker-reveals-easy-steal-credit-card-numbers-air-SECONDS.html
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