Detailed text transcripts for TV channel - CNN - 20110123:11:35:00
Electronic fraud protection. look for this symbol on your credit card. if you have it your card is sending out a frequency identification signal. it is designed so you can bring your card close to an object and purchase it without swiping the card. thieves figured out how to exploit that. here again, a passing glance and he has the info. >> it is as simples that chip here that has been added to once functioning p.i.n. pad. >> reporter: police are seeing a new level of cyber crime. when a merchan...
Credit Card Frequency Identification Signal Electronic Fraud Protection Pin Pad Cyber Crime Passing Glance
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