Security Specialist Amps Up Credit Card Protection as Visa and Mastercard Launch Chip Cards in US
Fears of identity theft and digital pickpocketing skyrocket as America makes the shift to digitally enhanced debit, credit and ID cards. Digital security Specialist VAULT announced this week that they are pushing to manufacture more credit card and passport protection sleeves than in preparation for the fall 2015 shift to digitally enhanced cards in the US. While this doesn’t look like big news, it’s a sure sign of things to come as the US braces for the biggest wave of elect
Consumer Reports on Electronic Pickpocketing
A Lesson in Card Cloning Check your wallet You might not know it, but as of October 2015, your credit and debit cards will contain a tiny computer chip (radio frequency identification or RFID) and a radio antenna to transmit account information from your card—even when you’re not shopping. . The cards are vulnerable to being skimmed without ever leaving your pocket. The information communicated from your card to a card reader can be enough to create a counterfeit card that ca
Mugging Has Never Been Easier
You’re walking out of your office, you’re about to be mugged, but you’ll never be touched. You are about to be the latest victim of electronic pick-pocketing, and you won’t even know it until your credit card company calls you. Maybe you have your passport in your bag. That information will be stolen as well. Your name, age, nationality, place of residence, contact information, next of kin, work history, travel history and photo are up for grabs by anyone who has a cheap read
