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US Banks Brace For Illegal Skimming From RFID Embedded Credit Cards

 

 

 


(MoneyNewsWire.Net, December 04, 2015 ) Kirkland, WA -- RIFD chips in credit cards were hailed as more secure than magnetic strips, but US banks are finding out that's not the case. Now they are bracing for an increase in a new wave of cyber crime called digital pick-pocketing or electronic skimming. RFID chips can now be found in passports, credit and debit cards, and enhanced driver's licenses. Because the RFID chips transmit information wirelessly, those cards are at risk for theft.

Protection and security is available from Elk & Bear. The company's credit card and passport radio frequency identification (RFID) sleeves are specifically engineered to prevent the RIFD chips from transmitting without the owners' knowledge and consent.

"A hacker with an RFID scanner can be standing right next to you on the subway and steal your financial information." said Leo Hamel, Elk & Bear Security Expert. "Some scanner can even be enhanced to read your credit cards and passport from 3 feet to 300 feet."

The Elk & Bear sleeves are available in a pack of 10 credit cards and 2 passport sleeves. They're suited for use with any type of standard size passport, ATM or credit card that contains an embedded RFID chip. The sleeves have a minimalist, artisan design and are slim, tear and puncture resistant.

RFID technology has been used for decades to identify, track, measure and manage a wide array of people, animals and objects. The technology is used to tag livestock, manage access to sensitive data, and track goods in large retail stores. As of October 2015 all US banks have made the switch to RFID credit and debit cards. Take a look at any new credit card and one will see a shiny square embedded in the chip. That is the RFID chips. The intention is to speed the checkout time at a merchant. All one has to do is "tap" their card, and their information is wirelessly transmitted to the merchant. That's what makes it extremely popular for thieves.

A hacker with a portable RFID scanner can obtain sensitive information such as credit card numbers, Social Security numbers, and addresses. The scanners use radio frequencies to "activate" an RFID chip and the data is transmitted to the scanner. Then a thief can make a clone of the credit card, steal the identity with the Social Security number, or any number of frauds.
Elk & Bear credit card and passport protectors are a stylish, affordable and effective way to protect valuable information. The sleeves use a high-tech combination of aluminum and copper to blocks RFID signals. Simply place all credit and debit cards and passports in the sleeves, and they are protected from prying hackers.

Elk & Bear currently have a 20 % off Holiday special. Available exclusively at Amazon.com.


About Elk & Bear: Handpicked

Elkandbear.com is on a mission to provide the best version of the lifestyle products consumers want. They aim to provide best design aesthetics, best function, and best durability, all backed by a 100% money back guarantee. The Elk and Bear brand wants to save people time and money by doing the leg work for them. If they don't find the version they want, they'll make it themselves.

Elk & Bear: Handpicked

Mary Willings

4252730993

info@elkandbear.com

Source: EmailWire.Com


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