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Thursday, February 18, 2016

New Kind Of Theft Threat Being Suppressed

A Facebook post depicting a man apparently stealing from commuters by tapping a POS reader against them unobserved on public transport caused a sensation on Facebook before being removed earlier today.


 The provenance of the photo is uncertain, but unnamed authorities have said that it was taken in Russia. 

Since this type of opportunistic street theft requires a merchant business account through which any transactions would be easily traceable, the question arises as to how such acts of fraud are being made profitable. 

Comments on the matter have brought up anew the topic of RFID-blocking wallets as necessary everyday security.

The Credit Card Companies must be freaking out about this knowledge getting out to the public sector.

Time to buy a shielded wallet or protective sleeve folks!

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