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Posts: 68 | Thanked: 300 times | Joined on Mar 2017
#205
Originally Posted by robthebold View Post
So what's the scam they're working? I've been wary of the contactless cards since first hearing about them, but the companies say there's no risk. A fraudster would first have to have a device capable of communicating with the RF responder in the card. I'd assume that a POS terminal would work for this purpose, and one could be stripped down to the essentials for portability, and perhaps equipped with a purpose-specific antenna so it could get a little better range when "talking" to the embedded chip.
That's how it worked at same start when first contactless card has been used. Now those thieves are using the smartphone with NFC connected with android app, which can be purchased somewhere over darknet which is connected to the rigged account and then they just buy cryptocurrency to laundry the money. Even if they can make one transaction with each card, they can make a lot of money just in one bus/tram/train.
 

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