Credit Card Data Can Be Easily Stolen With a Smartphone

#Money

Thu, Apr 25th, 2013 12:00 by capnasty NEWS

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.

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