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Investments > Australian Investments > Re: Pay at Dest...
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Re: Pay at Destination

by C. Dewick <craigd@[EMAIL PROTECTED] > May 5, 2008 at 09:35 PM

Bill Bolton <billbolton@[EMAIL PROTECTED]
> writes:

>Matthew Geier <matthew@[EMAIL PROTECTED]
> wrote:

>> Means any one with a stolen reader can read your details by
>>just brushing past you.

>Do you have any hard evidence to support this assertion?

I would suggest that the actual ability/equipment to do this might not yet
exist, but the capability definitely does. As soon as a contactless system
is put in place it's immediately possible to conceive (and potentially
create) equipment/methods to do unsolicited accessing of personal details
stored on cards.

It's a little like Bluetooth, but with the default user notification
removed.

I agree with you Bill that currently it's something that isn't going to
really occur here because contactless cards (except for existing RFID
access
control systems) are more or less not used in Australia, but once banks,
through Visa, MC, Diners, Amex, etc. do start wholesale issuing of
contactless credit/debit cards, and organisations like transport companies
start using contactless systems, it'll all be open to potential abuse
without cardholder awareness.

I don't see what that should stop it being adopted but it'll be like any
new
technology, the risks associated with potential fraud/abuse on a large
scale
will be weighed against advantages that financial organisations can gain,
and you know where that calculation will fall based on past experiences
with
financial, telco and insurance companies 'hard-selling' by ignoring the
risks and push-marketting on the 'perceived' consumer advantages.

Craig.

-- 
Craig Dewick - HO-Scale Railway Modeller and Professional Train Manager at
http://lios.apana.org.au/~craigd
or craigd@[EMAIL PROTECTED]
 if you're
game!
RailZone Australia - http://www.railzone.org
- No Fundies! No RailCorp
CodeCon!
http://lios.apana.org.au/mailman/listinfo/aus_rail_safety
for Oz Rail
Safety




 2 Posts in Topic:
Re: Pay at Destination
C. Dewick <craigd@[EMA  2008-05-05 21:35:11 
Re: Pay at Destination
Tom N <tomn@[EMAIL PRO  2008-05-07 13:07:51 

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tan12V112 Sat May 17 11:23:53 CDT 2008.