Barclays card details can be stolen with NFC-enabled phones
Barclays may be flaring their nostrils today, aware that they're being followed by the smell of the brown pants of trouble.
They could be looking at a situation that sees them recalling a toweringly huge number of credit and debit cards - 13 million of them. What has happened is that vulnerabilities have been found in its contactless payment system which allows NFC-enabled phones to steal your card details with a simple bump.
Security firm ViaForensics found the flaw and have said that they managed to steal card numbers, expiry dates and user names by simply tapping an NFC phone to a contactless-enabled Barclays card.
It appears that none of the data was encrypted, which means that some nefarious swine could nick your credit card details by simply bumping an NFC smartphone at your pocket. Very worrying indeed.
Barclays and Visa claim it’s not a problem with the software, because that’s how NFC payments are supposed to work, and indeed, they have said that there are safeguards to stop thieves using the stolen data. Alas, Channel 4 - who are also investigating this - have said that they were able to set up an Amazon account and use the stolen information to make purchases.
Are you a Barclays customer who has had someone bump into their pocket recently? Start worrying now.