Vulnerabilities in First-Generation RFID-Enabled Credit Cards
10 Pages Posted: 12 Feb 2009
Date Written: February 12, 2009
Abstract
The conveniences of RFID-enabled credit cards also lead to new risks for security and privacy. Traditional (magnetic stripe) credit cards require visual access or direct physical contact for retrieving information, such as the cardholder's name and the credit card number. By contrast, RFID-enabled credit cards make these and other sensitive pieces of data available using a small radio transponder that is energized and interrogated by a reader.
Suggested Citation: Suggested Citation
Heydt-Benjamin, Thomas S. and Bailey, Daniel V. and Fu, Kevin and Juels, Ari and O'Hare, Tom, Vulnerabilities in First-Generation RFID-Enabled Credit Cards (February 12, 2009). Economic Perspectives, Vol. 33, No. 1, 2009, Available at SSRN: https://ssrn.com/abstract=1341705
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