Contactless technology: How can hackers steal your money from your card
Technology is advancing more and more, so hackers have to find new ways to steal money from cards. It looks like they can steal money or identification data of a person just by going on the street.
Contactless technology can leave you no money and personal data.
Although it is the latest generation, contactless technology seems to have many disadvantages. Contactless cards are a very easy loot for hackers. This piece of news caught my attention this morning as I was going to work and I thought i must tell you about it.
Cyber security specialists warn that hackers DO NOT need to mount special devices at ATMs to steal card data or even money. They have discovered a smartphone application that scans the data, and with them they clone cards and make payments from that account.
Cyber security specialists say the method is very useful, especially because victims can not figure out when it happens.
In just few seconds the bank identification data is stolen: the card number, the owner name, and sometimes the CVV codes.
How can we avoid it?
It has been discovered that wrapping the card in a metallic foil stops the signal transmitted by the scanner.
Already some wallets manufacturers have begun to place such metal sheets inside the wallets as a precautionary measure.
Everything has both sides - positive and negative. Necessary steps should be taken to protect your money so that hackers can steal it. Thank you my friend for the information, @allesia.
As always, I very kind presence on my blog. Have a nice day @rezoanulvibes!
That's a great helpful Post for us..
Actually you provide great post for all steemians.
Keep it up..
Thanks for sharing your valuable post.
Thank you @hhumaira
Wao, lástima que la tecnología sea utilizada para estos fines maliciosos. No sabía que eso pudiera suceder, gracias por compartir la información.
This information is very valuable in protecting innocent people from hackers and criminals, with the advancement of technology innovations their is a lot of lumpholed in the financial systems especially credit cards.
I'm glad you find this information useful, we need to take care of our money and our personal data. Cheers
thanks for such precious post. there is question why can't the cyber security specialists take over the hackers despite being the advance tehnology. can someone reply?
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