Drop Box

RFID technology makes identity theft easier

Technology is making it easier for thieves to steal personal information from credit cards through something called Radio Frequency Identification (RFID). RFID technology (look for the microchip on your cards). Someone with a scanning device can access and save all info of the RFID cards through your wallet. These cards do not have to be scanned directly. They send out signals with personal and account information.

Quick facts about RFID:

• RFID tags can be read in a wide variety of circumstances, where barcodes or other optically read technologies are useless.
• The tag need not be on the surface of the object (and is therefore not subject to wear)
• The read time is typically less than 100 milliseconds
• Large numbers of tags can be read at once rather than item by item.

 For more information, check out these websites:

http://www.ehow.com/how-does_5772197_do-scan-credit-cards-purse_.html

 

http://articles.moneycentral.msn.com/Banking/CreditCardSmarts/NewCreditCardsAllowHandsFreeTheft.aspx

 

http://www.technovelgy.com/ct/Technology-Article.asp?ArtNum=2

 

--G