Contactless payments – researcher intercepts card data from a metre away

A University of Surrey researcher created a cheap receiver from off-the-shelf electronics and was able to eavesdrop on contactless card payments at distances of 20-90 centimetres – collecting credit card numbers, expiry dates, and cardholder names. This despite the fact that one of the main security features of contactless cards is a requirement not to transfer payment data in excess of 10cm from a reader.

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Story added 31. October 2013, content source with full text you can find at link above.