Fraud Fears Grow Over Contactless Bank Card Technology


Friday, 30 March 2012 09:02


Share

‘Millions more British bank customers have been exposed to fraud through the latest credit and debit card technology.

On Friday Channel 4 News reported that Barclays Visa contactless cards (ones which bear the symbol pictured) can be read using an off-the-shelf mobile phone running a special app.

ViaForensics, the company which carried out the research for Channel 4 News, has now shown the same technique works on a Visa debit card issued by Lloyds. And banking industry insiders have told us that all Visa contactless cards can potentially be read in this way.’

Read more: Fraud Fears Grow Over Contactless Bank Card Technology

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes