First, this doesn't affect PayWave yet, just PayPass. But to continue:
(1) Don't put your phone in the same pocket as your card,
(2) Get either a metal or protected wallet for NFC-enabled cards,
(3) Review card usage and don't worry about it. You aren't responsible for card fraud with credit cards. The chances of this being used against you are incredibly slim. It's also less useful as an avenue to commit fraud since payment with NFC is usually limited to under $25 by merchant agreements. Besides, duplicated cards are old hat, what with programmable chips and magnetic strips already. What's neat here is the proof-of-concept demo involving phones without the need for specialized SIM cards or approved phone handsets. Not 100% sure myself, but maybe it only works because PayPass allows for stickers on your phone case to emulate a credit card?
Oh and if you go to pay for something on a website and enter your 3-digit code plus the card number, well, spyware could have your card already. So NFC as an attack vector is slower and less useful. Watch out for those custom keyboards ;-)
(1) Don't put your phone in the same pocket as your card, (2) Get either a metal or protected wallet for NFC-enabled cards, (3) Review card usage and don't worry about it. You aren't responsible for card fraud with credit cards. The chances of this being used against you are incredibly slim. It's also less useful as an avenue to commit fraud since payment with NFC is usually limited to under $25 by merchant agreements. Besides, duplicated cards are old hat, what with programmable chips and magnetic strips already. What's neat here is the proof-of-concept demo involving phones without the need for specialized SIM cards or approved phone handsets. Not 100% sure myself, but maybe it only works because PayPass allows for stickers on your phone case to emulate a credit card?
Oh and if you go to pay for something on a website and enter your 3-digit code plus the card number, well, spyware could have your card already. So NFC as an attack vector is slower and less useful. Watch out for those custom keyboards ;-)