Recently I was watching an article on the a current affairs in Australia here and they were talking about the fact there's a chip in your phone that is the same as the one you have on your credit cards. This chip will be used to have your phone as the credit card instead giving you the ability to use your phone with particular Eftpos machines at stores.
The problem I see with it is people have the ability to steal your credit card information by making card readers which they hide over ATM machines. This in a way makes it easier for black hat hackers in that they maybe able to intercept the signal from your phone to the eftpos machine and then decrypt it giving them your card details.
But it maybe even easier then intercepting the message from the phone to the eftpos machine with the amount people are now using the internet on there phones along with trusting anything that is in the Google market place etc. Giving an easy doorway into your phone and your details.
Things are becoming easier to do with technology so we only have to have one item on us but its opening up an easy way to steal all of your information.
Anyway thoughts on this?
Edited by Powermaniac7, 17 November 2011 - 02:15 AM.