Could your contactless bank card be vulnerable to virtual pickpocketing?

Tuesday, March 1, 2016 - 10:20 in Mathematics & Economics

Thieves technically no longer need to reach their hands inside your pockets to steal the money from your purse or wallet. A recent viral photograph of someone on busy public transport with a point-of-sale card reader sparked fears that virtual pickpockets could swipe such a device against passengers' bank cards and take money from their accounts without them realising. But how vulnerable are we to such attacks?

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