Identity theft is no longer tied to just email scams and phone calls to the elderly. Nowadays, anyone can be the target of identity theft just by walking down the street. As technology gets smarter so do criminals attempting to make a few dollars. New IDs and credit cards are more commonly coming standard with Radio Frequency Identification Technology (RFID). Despite how convenient this technology is for paying for goods, it leads to greatly increased risk of identity theft. Someone need only have a simple electronic device in their pocket and they can walk through a crowd and be well on their way to stealing a dozen identities.
How do I know if I have a RFID credit Card?
The most accurate option is to speak with the bank associated with your card. The other option is to look at your credit card. The first clue is a RFID symbol. The symbol is a wave like shape and is typically on the front side of the credit card.
How do thieves steal my information?
The risk of this convenient technology is that thieves no longer have to pick pocket you or physically see your credit card to rob you blind. Thieves have created high-powered antennas that allow them to scan your credit cards from as much as a couple feet away. This is very easy to accomplish especially in highly crowded areas like a bus, train, or store lines. Once they have your information, they use a process called “cloning” to create their own cards.