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Researchers See Privacy Pitfalls in No-Swipe Credit Cards

 
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k027

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PostPosted: Mon Oct 23, 2006 4:49 am    Post subject: Researchers See Privacy Pitfalls in No-Swipe Credit Cards
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The demonstration revealed potential security and privacy holes in a new generation of credit cards — cards whose data is relayed by radio waves without need of a signature or physical swiping through a machine. Tens of millions of the cards have been issued, and equipment for their use is showing up at a growing number of locations, including CVS pharmacies, McDonald’s restaurants and many movie theaters.


http://www.nytimes.com/2006/10/23/business/23card.html

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mrsugg

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PostPosted: Mon Oct 23, 2006 5:00 am    Post subject:
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Hi k027,
They've got to be kidding!! Radio waves? How do they expect to make that secure? Not that the whole signature thing works either. I have NEVER been asked to sign the back of my cards.


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