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TECHNOLOGY

Shared by Tushar Modi, NC, USA ELECTRONIC PICKPOCKETING

Credit card issuers, along with the U.S. State Department, have begun installing radio frequency identification (RFID) chips in credit cards and passports because the technology holds more data than magnetic stripes and can be read quicker.

"I wouldn't walk around in public with my cards exposed like that," said Walt Augustinowicz, founder of ID Stronghold. "It's too easy to do."

RFID chips are commonly found in cards used to raise gates in parking garages and unlock doors at businesses. All one has to do is simply swipe the card in front of a reader.

Within the last few years, that same technology has been introduced to credit cards and U.S. passports, potentially putting holders at risk of being ripped off.

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