Can contactless credit cards be hacked? 5 tips to stay secure

Monday, 26 February 2007, 12:18 AM EST

Although RFID is still a tough sell to a many people, millions of contactless credit cards have been issued over the past year. Issuing banks are increasingly making RFID cards the default replacement card, and banks aren't required to tell cardholders that the new cards are RFID-enabled. Some contactless cards have visible microchips, but others don't, so it may be difficult to know if you own an RFID card.

The lack of knowledge about what type of credit card you have in your possession is just one part of the security problem.

At Ask the Advisor.

[ Read more ]




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