Contactless credit cards, which allow data to be read without swiping through a reader, pose a serious privacy and security risk because some information is not stored encrypted, according to a paper written by five university and industry researchers. The researchers claim that nearly 20 million radio-frequency identification (RFID) credit cards in circulation today could be vulnerable to skimming attacks, which could harvest names and credit-card details from the cards of passers-by. Full Story
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