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Often, these theft events will occur in the retail setting, but there are other ways by which the devices can be used to steal information. Unfortunately, all it requires is a little illicit technology and a lot of criminal intent.
Now that people are aware that information on their cards, and even their passports, can be read wirelessly and remotely, many are looking for ways to protect themselves. Purchasing an RFID blocking wallet (or sleeve, or pouch) is one way. Isn't it?
In 2015, $78 million in counterfeit currency was passed in the United States, according to a report by the US Secret Service. Nearly 7o percent of that $78 million was created with the use of digital printing technologies.
According to online statistics database Statista, the value of payment fraud losses in the United States rose from $5.6 billion in 2012 to an estimated $9.1 billion in 2018.
With the growth of online shopping comes security issues in e-commerce that LP professionals need to understand.
Like most people, you probably shop online a lot. No doubt you use your credit or debit cards often at stores and restaurants. We...