Smartphones easily used to skim credit card data

[Scrooge]

Not too safe is it?.


A technology designed to make it easier to pay with your credit card may be putting Canadians at risk of fraud and identity theft, security and privacy experts warn.

Many new credit and debit cards come with chips that allow customers to tap the card to make a purchase. These chips, used in many retail outlets from Tim Hortons to high-end computer shops, are read by payment machines and are supposed to be a safe and convenient way to pay for goods.

But CBC News has found out those chips can also be read with a device millions of Canadians carry with them every day — a smartphone.

More to read. https://www.cbc.ca/news/canada/mani...smartphones-skimmer-credit-card-winnipeg.html

 

[Underwhelmed]

Visa and Master Card will cover the loses but how about personal information stolen from you?.

 

[Pietro]

Crooks will always find a way to break new technology. But I still haven't heard of Canadian counterfeit money since the new ones came on though.

 

[meist]

Protect yourself from id theft with a sleek stainless steel mesh wallet or credit card case that blocks RFID readers.
Made from 85% recycled material they're super thin and lightweight.

It's available at Ecotique, 191 Roncesvalles Ave., Toronto, Ontario M6R 2L5