Could Your Business Fall Victim to RFID Identity Theft?

Could Your Business Fall Victim to RFID Identity Theft?

Digital pickpockets could be lurking just around the corner – in your local coffee shop or on your commute to work. They only need to stand a few inches away from you and, using radio frequency identification (RFID) readers, can steal your personal information.

It’s a scary thought and your business can also fall victim to digital data theft. Statistics show that fraud rates have dramatically risen by 20% in the last year and there will be as much as £10bn in fraud committed between now and 2020 as hackers cash in on stolen data from RFID chips.

In particular, UK businesses should be vigilant. Keeping data secure in the workplace is a vital concern, especially with the GDPR taking effect in May 2018. The cost of negligence is high and businesses could risk fines up to 4% of their global turnover if they don’t take steps to protect personal data held.

Are you vulnerable to the threats of RFID technology?

If you, like most businesses, utilise electronic access and identity security, with staff using electronic security or ID passes to access areas within the company, you could be at risk of identity fraud.

This popular technology, which uses RFID to electronically store information, has replaced physical keys in most instances because it is an effective, fully monitored and recorded access system.

RFID tags are small wireless devices which emit unique codes to RFID readers. The chip, when in contact with a reader will give out an encrypted access code, which the reader will recognise and then unlock.

Building owners and facilities managers are increasingly opting for electronic building access as it provides a security solution that is both convenient and cost-effective.

However, the increasing adoption of RFID technology in the workplace opens a new frontier for data threats and data security measures:

  • Security passes carried by staff, visitors or contractors will give its code to any reader operating on that radio frequency
  • Targeted RFID cards can be scanned to blank cards and used by unauthorised people
  • RFID readers can be bought cheaply online and can also be downloaded onto a smartphone from an app
  • Criminals only need to stand six inches (15cm) away to harvest details in a practice known as ‘skimming’
  • They target busy environments, when you are least expecting it. A flick of the wrist on a packed train or escalator is all that is needed

How can you protect your business against the unseen threat?

In the past, thieves had to physically steal your wallet to get a hold of your personal details, but now a casual brush against you is all they need to steal valuable information.

If you are worried about electronic pickpocketing and feel your business could be at risk of RFID identity theft, then investing in RFID-blocking technology is a good option to maintain high levels of security.

Fortunately, radio waves are relatively easy to interrupt and block, and that’s how RFID-blocking products work; they encase your cards in a material that interferes with radio waves, preventing communication between cards and RFID scanners.

How we can help

With our range of security pass holders, wallets and card sleeves you can be confident that your data cannot be read. They provide a reliable RFID shield ensuring your personal and business identity is safe. Contact us today to find out more.

Sources:
https://www.linkedin.com/pulse/access-control-systems-importance-benefits-role-security-iconic-plus/
http://www.dailymail.co.uk/sciencetech/article-2948212/Will-victim-digital-pickpockets-Hacker-reveals-easy-steal-credit-card-numbers-air-SECONDS.html
https://biztechmagazine.com/article/2015/10/electronic-pickpocketing-understanding-threat-and-how-tech-and-startups-are-fighting