How 30million ‘Wi-Fi’ Credit Cards Can Be Plundered by Cyber Identity Thieves Exploiting Contactless Payment Technology
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senthil
Jun 19, 2013, 5:37:33 AM6/19/13
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How 30million ‘Wi-Fi’ Credit Cards Can Be Plundered by Cyber Identity Thieves Exploiting Contactless Payment Technology
Modified mobile phones can strip card details in seconds
Card-holders could be ‘robbed’ by people next to them on train
Oyster readers on buses mistakenly charge bank cards
Millions of debit and credit card holders are at risk of having their personal data mined by thieves exploiting a loophole in the latest ‘contactless’ payment technology.
Card numbers and personal details can be read almost instantly by a remote device such as a mobile phone, according to cyber-crime experts.
By simply holding the phone near a wallet, our reporter was able to download the details within two seconds, fuelling fears that the technology could be exploited by thieves in a crowd or by brushing past someone.
Modified mobile phones can strip card details in seconds
Card-holders could be ‘robbed’ by people next to them on train
Oyster readers on buses mistakenly charge bank cards
Millions of debit and credit card holders are at risk of having their personal data mined by thieves exploiting a loophole in the latest ‘contactless’ payment technology.
Card numbers and personal details can be read almost instantly by a remote device such as a mobile phone, according to cyber-crime experts.
By simply holding the phone near a wallet, our reporter was able to download the details within two seconds, fuelling fears that the technology could be exploited by thieves in a crowd or by brushing past someone.
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Senthilkumar
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