Most people will probably have seen adverts by now, for the contactless payments systems that allow you to pay for goods without the need for swiping your card and entering your PIN number. It is the ‘new’, cool way to pay and all the major credit card companies have jumped on board because the easier it is to make a payment, the more times you use your card. And that is money in the bank for the card companies.
Most people will probably have seen adverts by now, for the contactless payments systems that allow you to pay for goods without the need for swiping your card and entering your PIN number. It is the ‘new’, cool way to pay and all the major credit card companies have jumped on board because the easier it is to make a payment, the more times you use your card. And that is money in the bank for the card companies.
In adverts by the likes of American Express, Visa and MasterCard we are reassured that the technology is safe and your details are encrypted so it is secure from being abused by thieves. However questions are now being asked as to whether the security of your bank account information is as ‘safe’ as they say.
To understand the problem, you first need to understand the technology and it soon becomes aware that RFID technology may actually be a lot less safe than you actually imagine. RFID stands for Radio Frequency Identification and involves a microchip in your credit card emitting a constant signal out to the world containing your bank details. At first this sounds like a recipe for disaster, however the banks assure us, in their literature that your details are highly encrypted and can only be read by their scanning technology.
This premise soon falls apart however, when you consider that thieves have long been established in the art of cloning encrypted cards, making duplicates with all the information still encrypted. Once the cloned card is made, it will act exactly the same as the original. The difference now being that before RFID technology came along, they had to physically get their hands on your card and swipe it through a device to obtain the information on the magnetic strip on the back of the card. With RFID technology, and the right sort of scanning equipment, thieves can now intercept your information as they walk pass you at the mall. The worst thing being that you will not know it has happened until the money starts to disappear.
In a recent independent investigation for TV, reporters show just how easy it is to obtain information from credit cards using participating shoppers as Guinea pigs.
The good news for credit card holders is that there is a simple and effective remedy to the RFID dilemma. The radio waves emitted by your credit cards can be blocked from travelling beyond your wallet and bag by what is known as a Faraday Cage. This consists of a wire mesh arrangement that encompasses your credit cards blocking any signal they emit. Wallet manufacturers are now beginning to incorporate this technology into the designs of their wallets.
A spokesperson for Hugh B Hamilton, Manufacturer of a RFID blocking wallet for men explained further, “It may all sound complicated and very worrying for people with credit cards that use RFID technology but it doesn’t have to be. If you look at our wallet it just looks like any other high quality leather wallet you would find in any store in the country. The difference is that we have incorporated the blocking technology into the wallet so your credit cards are safe from this threat. The problem that exists is getting the message out to the public who are still unaware that this threat exists and letting them know that their cards are not as secure as the banks would have you believe but that a solution exists.”
The Hugh B Hamilton RFID blocking wallet for men is a stylish black all leather design wallet that holds six credit card plus an additional slot for ID and sleeve for cash. The wallet is sold exclusively on Amazon (US) and Ebay Australia. For a limited period of time the wallet can be purchased at a considerable discount to its RRP, (recommended retail price).
About:
Hugh B. Hamilton are a family firm of manufacturers and distributors of RFID blocking devices including the RFID blocking wallet for men, sold exclusively on Amazon (US) and eBay Australia.
For more information please see the contact details below or go to the website at http://hughbhamilton.com/
Media Contact
Company Name: Hugh B. Hamilton
Contact Person: Maureen Hamilton
Email: Send Email
Phone: 1300 619 684
Address:91 Kyeema Crescent
City: Bald Hills
State: Queensland
Country: Australia
Website: http://hughbhamilton.com