Cryptocurrency Q&A
Can someone read my credit card in my wallet?
Can someone read my credit card in my wallet?
ZenHarmonious
Mon Sep 16 2024
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7 answers
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Hello there, I'm curious about something regarding credit card security. I've heard stories of people's credit card information being skimmed from their wallets without them even knowing it. So, I'm wondering, is it possible for someone to read my credit card information while it's safely stored in my wallet? I mean, is there some sort of technology that can penetrate the material of a wallet and extract the data from the magnetic strip or chip on a credit card? I'd appreciate any insight you can offer on this matter.
7 answers
Ilaria
Wed Sep 18 2024
The assertion by banks that RFID chips embedded in cards are fortified with encryption to safeguard sensitive data has been called into question.
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Nicolo
Wed Sep 18 2024
Recent findings have exposed vulnerabilities in these systems, revealing that unauthorized scanners, whether homemade or readily accessible, are capable of retrieving cardholders' personal information.
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EthereumElite
Wed Sep 18 2024
This includes both the name and account number of the cardholder, posing a significant threat to their financial security and privacy.
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Emanuele
Wed Sep 18 2024
The ease of obtaining these scanners underscores the gravity of the situation, as even novice individuals can potentially exploit this weakness.
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Lorenzo
Tue Sep 17 2024
A notable example is a cell-phone-sized RFID reader operating at a power level of 30 dBm, which has been demonstrated to capture card data from a distance of up to 10 feet.
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