by Jacob Aron

 

"Got a credit card equipped with a contactless payment chip? Then watch out next time someone bumps into you in the street - they may have just mugged you with an app.

 

"Contactless cards use near field communications (NFC) chips to exchange your payment details with a merchant's till, and some smartphones also come equipped with NFC chips to let you use them as a wallet. Now security researcher Thomas Skora has written an app that turns any NFC phone into a reader and successfully read card numbers, expiry dates, transactions and merchant IDs from German credit cards."

Via Jim Lerman