[WEBINAR] The New Normal: Dealing with the Reality of an Unsecure World

Electronic Pickpocketing

Definition - What does Electronic Pickpocketing mean?

Electronic pickpocketing refers to the process of stealing credit card information from people in a public place using RFID wireless technologies. It is a form of identity theft.

Techopedia explains Electronic Pickpocketing

In recent years, it has become easier for hackers to use existing wireless hotspots and move through a crowd to steal credit card data using RFID wireless technologies. Credit cards are made with an embedded RFID strip that can be read by some wireless devices. This has led to things like contactless payment systems, but it has also exposed cardholders to financial fraud. To combat this new type of identity theft, credit card companies have developed RFID wallets that use a solid layer of material to shield the credit cards and prevent wireless technology signals from reaching inside someone else's wallet.

Techopedia Deals

Connect with us

Techopedia on Linkedin
Techopedia on Linkedin
"Techopedia" on Twitter

Sign up for Techopedia's Free Newsletter!

Email Newsletter

Join thousands of others with our weekly newsletter

Free Whitepaper: The Path to Hybrid Cloud
Free Whitepaper: The Path to Hybrid Cloud:
The Path to Hybrid Cloud: Intelligent Bursting To Amazon Web Services & Microsoft Azure
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.