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October 23, 2006

No-Swipe Credit Cards -- Privacy and Security Risks Cited in Research

As reported in the New York Times (10/23/06), the findings of a team of University of Massachusetts computer scientists reveal the holes the security and privacy programs of major credit cards. The popular “smart cards”, like Mobil’s Speed Pass, use RFID to read information without having to remove the card from a wallet or pocket. Marketing claims of safety encryption via of personal data were dashed by the researchers’ inexpensive ($150) card reader.

Posted by hinsdalereference at October 23, 2006 3:56 PM