People often ask us whether the bad guys can really scan information from those little microchips that have turned up in almost all credit cards. The short answer is “you betcha!” The credit card issuers have fallen in love with microchipped cards and most of them have shifted their credit cards from the traditional magnetic strip containing your personal and account information to a little microchip embedded in the card containing that information. Yes, the cards retain the magnetic strip, but that serves primarily a secondary backup function. Most systems now use the microchip. That means that the bad guys, with the right equipment, don’t have to work very hard for your data anymore.
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