Credit Card RFID Vulnerabilities
aaron posted in rfid on October 27th, 2006
This looks like an interesting paper published recently about the vulnerabilities in RFID chips found in newer credit cards . It sounds like the issues are fairly serious — all card tested were found susceptible to privacy leakage and relay attacks, and some of them can be “skimmed, and replayed at will”. These can be combined with “cross-contamination attacks” by encoding related data to the magstripe of the same card.
I personally never saw the point of these RFID CC’s. I guess I don’t get the difference between swiping your card <10cm away vs. swiping the magstripe directly. Is there some other grand use case for these that justifies the risks involved?