I'll take a litre of milk and $5000US please...
 

http://news.bbc.co.uk/2/hi/technology/7584258.stm

This is one reason my wife and I keep a VERY, VERY close eye on our bank accounts and how we use our plastic...

As they point out in the article, it's an older hack, but with a new twist due to the availability of another "digital port" into the system.

And the problem will only get worse I fear. The more dependent on the Internet and networks in general for "day to day" business and transactions, the more risks we take. There is hardly an area I can think of in the digital world that hasn't been compromised somehow...:shifty:

This particular fraud would have been impossible if the US adopted the UK's Chip&Pin system.

Instead we are developing further ways to swipe credit card information from simple people.

Our latest thing is that they put an RFID chip in our cards, and you now just flash the card in the area of a sensor for quick payment at the local burger joint. Problem is, how exactly does this translate into easier than swiping a card through a magnetic reader? Someone explain that to me. I still have to get the card out and I still have to wave it in front of the scanner! Crazy.

What it has done though is made me vulnerable walking down the street to someone looking to swipe that information without actually stealing my wallet. They can create a simple long range (At least a few feet) scanner for $200 and get that money back and a whole lot more from the first person they walk by.

Nice!

-S

You'll just have to get one of these: http://www.thinkgeek.com/gadgets/security/8cdd/

Or for your passport: http://www.thinkgeek.com/gadgets/security/910f/.

At the rate were headed soon you will have to buy a full body RFID blocking suit :lol:

No.... What we have to do is demand 20 years in prison ( A death sentence for older pros ) and no time off for good behavior.

It then becomes a serious game with far fewer players.

Great to hear another reason that good old hard cash is now looked upon as more safer than plastic cards.

I already own one! :up:

-S

No doubt it has a matching tin foil hat. We all know the real truth. You bought it to protect yourself from global warming, because you know it's coming.

Darn you beat me to the reply of an al-foil suit!:-?

Which will have its own RFID chip secreted somewhere on it so the cops can track you down more easily. :up: