According to CBC News, credit card data can easily be stolen using nothing more than an app and a smartphone using near-field communications. And requires just about a second.
CBC News used a Samsung Galaxy SIII and a free app downloaded from the Google Play store to read information such as a card number, expiry date and cardholder name simply holding the smartphone over a debit or credit card.
The Samsung Galaxy SIII is one of the most popular smartphones available in Canada.
A thief can simply walk by, pause and read the information through an unwitting person?s coat and wallet.
Then the information can be sent to another phone.
|Who Your Facebook Friends Are Could Change Your Credit Rating|
|Financial Crisis was Avoidable And the U.S. Has Only Made Things Worse|
|Sony Makes More Money Selling Insurance Than It Does With Electronics|
|Why There Is No Point in Attending Canada's #OccupyWallStreet|
|The American Dream is Dead|
|“The static fire is one of the last major tests prior to the maiden launch.”|
|“People are getting rid of their cash.”|
|“To create particles with negative mass.”|
|Pat the Zombie: A Cruel Adult Spoof of 'Pat the Bunny'|
|Naked Preacher Lady [NSFW]|
|“World's first passenger drone.”|
|How to Avoid Jury Duty|
|“Some of us will do anything to be liked.”|
|“The first-ever driverless mass transit test program.”|
|How to Escape Planet Earth|
|“AI codes its own ‘AI Child’.”|
|“Changes to the platform announced by Zuckerberg, will likely make the problem worse.”|