GarbleCard

GarbleCard is a credit card sized security device designed to passively protect against RFID skimming, and by extension identity theft, credit card and other unauthorized use of information kept on RFID based smart cards.
History of GarbleCard
GarbleCard was founded in 2013 by Kevin Bartczak and Andy Biro with a team of engineers and technical specialists including staff from the, Florida Institute of Technology and the University of Central Florida. After hearing about MasterCard and Visa banning the popular television show Mythbusters from airing information about how easy it was for thieves to steal credit card information, the founders of GarbleCard started researching possible solutions that end consumers could use to protect themselves. This led to research into materials used by the Department of Defense for their information security, and the development of a prototype using similar methods aimed at the consumer market. This was eventually names "GarbleCard".
Security Concerns
The Smart Card Alliance reports that, “according to Eurosmart, over 6.1 billion smart cards were shipped worldwide in 2011, to grow 13% to 6.9 billion in 2012. Smart cards are currently used worldwide for many applications, including healthcare, financial transaction, telecommunication, and secure identification. After the inclusion of RFID (Radio-frequency identification) chip in a credit/debit card this security concern has come to the spotlight.
Visa, MasterCard, American Express and other credit card companies have stated that RFID technology is safe, and that state of the art fraud detection prevents abuse of the system. But, field tests have shown that the system can still be exploited. With a device purchased on EBay for less than $15, thieves can pass within signal range (varying by antenna size from a few inches to meters away) and silently scan the card information without a sound or touch. The scanned information is then used to create a duplicate of the credit card / smart card and use it anywhere the original card could be used. Because this form of theft requires no contact, or force, victims are unlikely to realize it has happened until much later.
Related Article
* MicroTokenization
* Radio-frequency identification
* Advanced Encryption Standard
* BasicCard
* List of smart cards
 
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