Watch your credit card statements, chaps

[Losos]

Cash is the way to go!

Just wait until more cards come with the new RFID chip in them...like my new Amazon card.

Watch this....http://www.wreg.com/news/wreg-electroni ... full.story

And if that isn't bad enough then there was this paper...

http://www.tombom.co.uk/extreme_rfid.pdf

Be afraid. Be very afraid :?

I am Roger, I really am :!: and I can't believe how some people are so 'laid back' about it, sorry to sound all GOM on you (Grumpy Old Man :lol: ) but I will be using my card less and less in future, if there's something I want I'll either wait until I can buy it with cash or send a cheque. Lloyds have been good to me too, they have a policy that when abroad they will only allow one transaction at one outlet per day, of course that could be a massive fraudelent one but the software looking at buying habits could possibly pick that up. I say 'could' because it is no way guaranteed to do so.

What annoys me is that people in the industry now seem to rely on software programs to spot fraud - how can they spot everything :?: answer they can't so the poor old customer pays through increased charges (Not necessarily CC charges but increased insurance premiums or bank charges etc etc)

How do I spot an RFID card :?: what does it stand for :?: why don't you like them :?:

 

[9fingers]

How do I spot an RFID card :?: what does it stand for :?: why don't you like them :?:

RFID stand for Radio Frequency Identification and is used for lots of things like car keys, passport readers and some credit cards

you might spot one by a snappy logo on it such as PayPass and or some sort of pseudo science radio wave symbol.

http://www.paypass.com/

These cards only need to be waved near a suitable reader to make a payment - possibly only for small value purchases
much as having some types of RFID car key will unlock the car when you pass with so many feet of the car and allow you to start the engine providing you are near the car and someone presses a button.

http://www.barclaycard.co.uk/personal-home/contactless/

You might like the utility of such things or instead might just see all the undesirable things (or enable people to do ) that can happen!
Bob

 

[Shane]

I'm with Barclays and didn't even know they had already rolled this out

I've got a connect card with this RFID gubbidge, didn't know about it until this came up on this thread. I wasn't told about it, and don't want it, only a matter of time before I'm robbed again by the looks of it :x

http://www.silicon.com/management/cio-i ... -39401765/

http://www.barclays.co.uk/Helpsupport/B ... 2561764200

 

[RogerS]

I'm with Barclays and didn't even know they had already rolled this out

I've got a connect card with this RFID gubbidge, didn't know about it until this came up on this thread. I wasn't told about it, and don't want it, only a matter of time before I'm robbed again by the looks of it :x

http://www.silicon.com/management/cio-i ... -39401765/

http://www.barclays.co.uk/Helpsupport/B ... 2561764200

Radio 4 ran a feature about this card from Barclays. They contacted Barclays to air their concerns about RFID cards and raised five specific points. Barclays Technical Director refuted every point and said that 'it couldn't be done'. With the permission of the card's owner, they then went out into the 'wild' and proceeded to demonstrate how easy it was to circumvent all five security measures.

They then put these results to the Barclays Technical Director who didn't have a leg to stand on. His feeble response was 'well, it will only affect 0.002% of customers'. As long as you get your fat bonus then that's OK, is it, sunshine?

More details on this website http://socyberty.com/economics/barclays ... -of-fraud/

 

[promhandicam]

. . . if there's something I want I'll either wait until I can buy it with cash or send a cheque. . . .

. . . and in a couple of years time you will only have the first option. http://news.bbc.co.uk/1/hi/8414341.stm I can't imagine HMRC being too happy though as I guess most tradesmen primarily receive payment from customers by cheque and they won't be keen if everyone goes back to paying cash.

 

[Shane]

Thanks Rog, it least it says I can opt out, so it looks like a trip down to the bank this morning

Prom, same here, with the sums of money I recieve, my customers are much happier giving me a cheque so they don't have to either draw out large chunks of money or go through the hassle of doing baks and online transfers.

 

[9fingers]

Shane, I read saying you CAN'T opt out

quote "Barclays Bank are introducing a new kind of debit card. The UK bank Barclays’ account holders cannot opt out so it might be useful for them to read this before they receive their card. As other banks are set to introduce these cards (so far M B N A and Co-op banks) perhaps we all need to understand how Contactless Cards work and how easily they can be used by criminals to defraud account holders."

Bob

 

[Shane]

I've been into Barclays and expressed my concerns, they said that they have the fraud issue covered, which I disputed, and also stated that I have been defrauded by over a grand in the past, even if they reimbursed me if it were to happen again, I don't need the unnecessary hassle. They have now ordered me a visa electron card that isn't contactless, so the only thing is I don't have a card for 5 days, but I'll be much happier without rfid