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 ...
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 ...
Many credit cards include RFID chips. The chips use radio-frequency identification to transmit payment information over short distances. Credit card companies use RFID to enable "contactless-payments" ...
In today’s digital age, where we increasingly rely on technology for everyday transactions, the threat of identity theft looms larger than ever. One of the most insidious methods used by thieves is ...
As contactless payment adoption accelerates globally, cybersecurity researchers report a measurable increase in RFID skimming incidents targeting credit cards, electronic passports, and identification ...
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 ...
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 ...
A U.K. firm has developed an on/off “switch” for RFID cards that could protect cardholders from being hacked. The cardholder activates the RFID transmission by squeezing the card between his thumb and ...