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New technology makes credit card scams easier

Criminals have found newer and more sophisticated ways to steal credit card information, using new technology to scan credit card chips from up to a metre away and use the details to rip off cardholders, reports news.com.au.

The chips used in credit cards can also be found in passports, cards and security swipe cards used to access buildings, leaving cardholders victims of identity fraud without their knowledge.

Head of the Queensland fraud squad, Brian Hay said the new technology showed how cyber-criminals were using more sophisticated methods to try to gather as much information as possible about a person.

Police from 22 countries heard about the technology from senior members of the FBI during a closed international policing conference on the Gold Coast this week.

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Jessica Stanic

Jessica Stanic

Jessica has a background in both marketing and journalism and is dedicated to making the website the leading online resource for small to medium businesses with ambitions to grow.

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