Should You Be Concerned About RFID Skimming?

As more credit card companies use RFID chips in their cards for faster payment options, people are becoming concerned about their privacy. Is it possible that someone would walk down the street with a portable RFID reader and collect your credit card numbers and expiration dates?

While it is possible, it is not probable that the RFID skimmer would be able to use your information. Modern cards are encrypted to dispense a dummy number that can only be used for one transaction, making it difficult for the skimmer to actually make a purchase. In addition, many stores are requiring the card holder verify their zip code before a transaction can be completed. Online purchases often require the use of the three-digit security code on the back of the card, which is not transmitted via RFID.

If you’re still concerned about electronic pickpockets, there are many RFID-blocking wallets designed to prevent RFID skimming.

Watch the video below to see a local news team experiment with electronic pickpocketing.

So, how concerned are you about RFID skimming? Share your thoughts by commenting below, or on our Facebook or twitter pages.