Electronic Pickpocketing
As technology advances, so do the crimes. Now that some credit cards have a wireless technology embedded in them, thieves can acquire inexpensive equipment to obtain your wi-fi enabled credit card without picking your pocket. While they can’t obtain your CVV (your card validation code, typically the three digit number printed on the back of most cards), they can obtain the number of your card.
Please watch this short Youtube video about keeping your credit cards safe from “no contact pick pocketers”. Then go check your cards to see if they are susceptible to this kind of fraud. A few minutes could potentially save you from being a victim.
Check your newer credit cards for the Wi-Fi Symbol on it.
PROTECT YOUR WALLET
Invest in a RFID blocking wallet which is constructed out of a material that blocks radio waves.
It’s an inexpensive way to protect yourself from this high-tech theft.
For more information, please visit Snopes.com.