Digital pickpockets using technology to steal credit cards

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SEATTLE — Convenience and speed are reasons businesses often used to encourage early adoption of a technology intended to improve our lives, especially when it comes to paying for goods and services at a cash registers.

But digital pickpockets have found a way to use the same technology to line their pockets with goods and services bought with stolen credit cards. The newest smartphones are making it easy for thieves to steal and use stolen credit cards.

To understand how it’s done, you need to understand our attraction to speed and convenience.
There is now a cottage business growing on the internet of devices to protect credit cards, driver’s licenses and passports embedded with microchips from the electronic sniffing of an RFID reader. Most products consist of foil lined wallets and sleeves.

There are also tutorials on YouTube demonstrating how a person with a sharp knife can remove or disable the microchip embedded in a credit card.

If you want to simply get rid of the RFID enabled credit card but not the account, call the credit card company and ask them to issue you a card that does not have the microchip inside.

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  • 1: yes he used the cloned card
    2: after he clone the card the lady dont use it anymore bicouse all credit cards now have tokenization..(thats why it works)
    3: the token works like (2factor auth) and if the lady use the card first before he made the payment the transaction would fail..
    4: all the dreamers over here thinking they found the chicken of the golden eggs and they gona get rich (you are fucking losers)

    peter ams September 24, 2017 2:01 pm Reply
  • 3:21 Smoking is extremely dangerous: you can actually kill.

    asbaDoce September 24, 2017 2:01 pm Reply
  • ok its not a fucking threat but I just got hacked assholes

    Jason Hamilton September 24, 2017 2:01 pm Reply
  • At 3:09 you've revealed name of app

    Raju Rathod September 24, 2017 2:01 pm Reply
  • That last part "you can call your credit card company to ask for a card that doesn't contain a chip". Is not true anymore. Obama signed an Executive order in 2014 making it federal law. All bank cards and credit cards must be micro chipped after a specific date.
    Call you bank and ask:
    1. Do you currently have micro chips in your cards?
    2. What date will you start putting micro chips in your cards?
    3 Can i opt out of micro chip technology?

    Liberalism is a Mental Disorder September 24, 2017 2:01 pm Reply
  • 😐

    Assholedetector - September 24, 2017 2:01 pm Reply

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