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For example, an RFID tag attached to an automobile during production can be used to track its progress through the assembly line, [citation needed] RFID-tagged pharmaceuticals can be tracked through warehouses, [citation needed] and implanting RFID microchips in livestock and pets enables positive identification of animals. [3]
RFID technology allows you to simply tap or wave your credit card near a card reader or ATM. Using this technology to make purchases gives you the ability to complete transactions within seconds.
In contrast to other types of skimming such as ATM skimming or hacking an online merchant web page, RFID skimming requires little or no technical expertise. In order to execute ATM skimming, the criminal needs to custom build a device, then place that device inside an ATM and later pick up the device after the victims have used it.
beyond the card data itself, other data protection and anti-fraud measures in their payment systems are in place to protect consumers; [11] the academic study conducted in 2006 used a sample of only 20 RFID cards, and was not accurately representative of the general RFID marketplace which generally used higher security than the tested cards; [11]
The IIoT is enabled by technologies such as cybersecurity, cloud computing, edge computing, mobile technologies, machine-to-machine, 3D printing, advanced robotics, big data, Internet of things, RFID technology, and cognitive computing. [3] [4] Five of the most important ones are described below:
EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...
The NFC Forum has helped define and promote the technology, setting standards for certifying device compliance. [ 3 ] [ 4 ] Secure communications are available by applying encryption algorithms as is done for credit cards [ 5 ] and if they fit the criteria for being considered a personal area network .
Other tokens connect to the computer using wireless techniques, such as Bluetooth. These tokens transfer a key sequence to the local client or to a nearby access point. [4] Alternatively, another form of token that has been widely available for many years is a mobile device which communicates using an out-of-band channel (like voice, SMS, or USSD).
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