There were over 16.7 million victims of identity theft in 2017 alone. As technology progresses it is becoming easier than ever for identity thieves to access and steal your sensitive information. For this reason, super-thin RFID wallets have grown in popularity as a preventive measure to help stop criminals from accessing credit card information.
What is RFID
RFID, short for Radio Frequency Identification, is a method used by thieves to access digital information. With the use of an RFID scanner, criminals can scan and identify chips that contain our information and then access that information to use for their own gain. While the chips in our debit and credit cards can speed up transactions and make some things easier for us, unfortunately, they have also made it easier for scammers to nab vital information.
How Information is Stolen
If you’re using a regular credit card wallet without RFID blocking, your cards are at risk. RFID scanners can be used to access credit card numbers, CVV codes, and expiration dates all without you being ever the wiser. Due to the use of electromagnetic frequencies, these scanners just have to be nearby, they require no physical contact making them even harder to detect. Once the information has been taken it’s easy for criminals to make online purchases, access accounts, and generally make your financial life miserable. The scariest part is that scanners like this can be purchased online with ease, making this type of identity theft easier than ever.
What are Thin RFID Wallets?
Thin RFID wallets help block the electromagnetic signals used by scanners to steal your information. Created in a layer of metal or carbon fiber, this helps block signals and keep your cards safe. It’s important to note that cards must be inside the wallet for RFID blocking to work, just keeping them nearby in a pocket or wallet isn’t enough to stop a scanner.
Why RFID is Necessary
While you might think that identity theft will never happen to you, it’s best to be prepared. You wouldn’t risk leaving a stack of cash laying around, especially in a busy area. Consider the vulnerability of your financial information and that stack of cash quickly turns into everything in your bank account. With RFID scammers on the rise, the best offense is a good defense. Thin RFID wallets look and feel just like any other super thin wallet, but with the protection they offer can make them invaluable.
If you’re still using an unprotected wallet, consider upgrading to one with RFID blocking. In this digital age, these wallets can be the best line of defense against scanners looking to steal your valuable information. Don’t take the risk, upgrade today and help put your mind at ease.