technewsworld.com — While the cards are a boon to merchants and are part of a large new RFID industry -- from manufacturers who make the tags and readers to software companies that create data analytics for ROI -- the technology also presents some security concerns as merchants may have the ability to track goods and services more closely than some would like.
Sep 28, 2006 View in Crawl 4
kc1manSep 28, 2006
Once these cards and terminals that accept them become commonplace, the checkout process will be shortened even more. I am just thinking of it in the same terms as EZPass, which has greatly reduced the wait at tolls. On the other hand, criminals may be able to steal data from your card from a distance and use it in a fraudulent way. However, you can protect yourself against this with something like the RFID Shield <a class="user" href="http://www.rfid-shield.com/">http://www.rfid-shield.com/</a> . It really is a two way street, like with most new technologies.
jereome209Sep 28, 2006
Are you saying a Federal Reserve Note is "Real" money?
americaindangerSep 28, 2006
I can understand where greycat is coming from regarding "cash" as being more real than electronic cash. But you're right, if people really took a look at the creation of the Federal Reserve and how it created a "fiat" currency to incur usury on the citizens of this nation, they would have an extremely sour taste in their mouth.Anyone looking into finding out the truth on the "Federal" Reserve, which by the way, is in NO WAY a government institution, they should get the classic book, The Creature from Jekyll Island, by G. Edward Griffin. Get it here: <a class="user" href="http://www.realityzone.com">http://www.realityzone.com</a>Good stuff.
geometrySep 28, 2006
All my transactions are done with gold and silver. It's kind of a pain carrying around a triple beam scale but what the hell.
heptahedronSep 28, 2006
The concerns are legit, but I doubt that wardriving for credit cards will ever be as big a source of stolen IDs than penetration of insecure retailers or card processing systems. Slurping cards from passersby has the risk of physical presence and only nets a few hundred cards an hour or day. Maybe an ID thief could plant a box and come back to collect the harvest, but it's still limited by the range of the reader the number of people that wander close to the reader. In contrast, hitting a vulnerable retailer, card processor or bank can net tens of thousands, even millions of IDs in a single event.It will happen, but I doubt it will be a large percentage of stolen identifies.
yadigSep 28, 2006
If the gov't is telling us to line up and be "chipped" then we have alot more problems going on in the country. We would no long have any rights, etc. if we are being forced to do thing with our own body beyond our control. Get a grip! There are plenty of privacy concerns with RFID technology but get a hold of yourself. This isn't the mark of the beast.
0greSep 28, 2006
Truth, it's much harder to plop kiss 5 Franklins goodbye than it is to swipe your card and sign for it. Even worse is PayPal.Credit Cards - Time Machines for Cash. While it is possible to bring money from the future into the present it is expensive. Even so, many people do it every day, living off of money from months or even years in the future.
Closed AccountSep 28, 2006
People try to label these stories better. From the title and description there is no way I could this is talking about credit cards.
understudySep 29, 2006
Everywhere I've gone that has one of those silly RFID credit card readers, I ask them if anyone uses it. They have all said 'no.'It's really not THAT much faster and therefore moot in most applications (except perhaps toll booths and the like).So why have it? It seems like the RFID wants to get this little buggers into everything. But what's the motive?_