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RFID Myth Buster - Myth 1 - RFID Cards are less safe

RFID Myth Buster - Myth 1 - RFID Cards are less safe

In the past, credit cards relied solely on magnetic stripes to store account information. However, this method of storing data was vulnerable to theft and fraud through a process called "skimming." Skimming involves criminals using small devices to read the magnetic stripe of a credit card and steal its information, then duplicate the card to make fraudulent purchases.   To combat this problem, credit card companies began adding RFID chips to their cards. These chips are designed to emit a unique, encrypted code that is read by the payment terminal during each transaction. Unlike magnetic stripes, RFID chips cannot be hacked...

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