Has Anyone Ever Lost Money or Had Data Stolen Due to RFID?

By RFID Journal

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Ask The ExpertsHas Anyone Ever Lost Money or Had Data Stolen Due to RFID?
RFID Journal Staff asked 8 years ago

I keep hearing that security issues are a huge threat to companies that have deployed RFID technology, yet nobody ever reports any theft or loss of information. Is this more fear-based, or is data actually being hacked via RFID?

—Name withheld

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I am unaware of any company or person that has actually lost money or had data stolen due to the use of radio frequency identification. I would say most of the articles are speculative, with writers banking on the fact that most of their readers do not know much about RFID, thereby making it easy to write scare stories, which sell well. That’s not to say businesses should not be concerned about vulnerabilities, because they should—but this is true for all IT systems, not just RFID.

—Mark Roberti, Founder and Editor, RFID Journal

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