The ease and convenience of RFID cards also make it very easy for criminals to rack up a ton of dough with just a cell phone. Newer cell phones have NFC or Near Field Communication which is basically the ability to read and transmit information like your chipped card does. Picture a RFID scanner and transmitter-in-one. For purchases under $25, if you use the RFID chip to pay, signing or inputting your pin isn't necessary which again is convenient for us and unfortunately hackers as well.Hackers preload a purchase or payment app on their NFC phone and then simply go looking for someone to unwittingly pay for an item $25 or less. Since your signature isn't required, they would simply scan your card from your wallet in your pocket or purse, the purchase is complete and then move on to the next person.
In a couple of hours, a pocket surfer could easily make over $500 in a well populated area without breaking a sweat. This is just another reason why having RFID protection for your personal information is a necessity and the SignalVault is your best option!Did you get a mystery $25 charge? Answer in the comments below.