Mixed Signals

C Suite

Jun 3 2022 • 18 mins

If you’re like 80% of the population, debit or credit cards are your preferred method of payment when you’re out and about at restaurants, the movies, or sporting events. But did you know that paying with a card in public can put you at a greater risk of being the target of cyber scams like electronic pickpocketing? In this episode, Claudette and her guests explore how bad actors use the electronic pickpocketing technique in public areas like airports, bus terminals and stadiums to steal people’s credit card information. She sits down with Wayne Ronhaar, CEO of Cylentium, and Zane, Senior Manager of TD’s Cyber Assurance Program, also known as the red team, to explore how the technology that made tap payments possible, Radio Frequency Identification (RFID), has also put us at an increased risk of being electronically pickpocketed. This episode will help you learn more about how electronic pickpocketing works, its impacts, and strategies for staying protected while making purchases in high-traffic public zones.

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