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RE: Are banks putting you at high risk of becoming a fraud victim ?

in #fraud8 years ago

Its very very difficult to steal the RFID card info plus the pin. Im not saying it never happens, but its rarer than the makers of these RFID blocker wallets would have you believe. You can still get the card # and exp and the CVV1 with an RFID scanner, but without the pin, its effectively useless at a terminal, and without the CVV2 (the three digit number on the back of the card) and the billing address, you can't really use it online.

As to the security measures, 2 and 3 are pretty outdated. Most skimmers are invisible now.

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