TV station reveals serious security flaws with RFID-equipped credit and debit cards


RFID card readerBy Jean-Pierre Joosting – Commenting on a consumer TV report into the insecurity of RFID-equipped credit and debit cards, SecurEnvoy says that the apparent ease with which researchers have been able to create a `magic wand’ that reads cards at a distance shows that more work needs to be done on wireless encryption.

“The report from the Portland, Oregon-based TV channel Katu, in which researchers found that $20-worth of electronics could read the card details of payment cards in people’s wallets and purses, at a range of four inches, is very worrying,” said Andy Kemshall, technical director of the 2 factor authentication company. more> http://twurl.nl/45c2fb

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