Host Adam Savage of Mythbusters tells how Visa, Mastercard, and Discover had the Discovery Channel put the kibosh on an episode that would have revealed just how “trackable and hackable” the RFID chips found in many credit cards are. It’s a telling example of how corporate advertisers serve as the gatekeepers of mainstream media/entertainment:
The video is a little over a month old now, but it just hit my RSS feed, so I thought I'd share it.
I personally have refused RFID on my credit/debit cards because I know how easy it is to hack. http://www.wired.com/threatlevel/2009/08/fed-rfid/. http://www.darkreading.com/vulnerability-management/167901026/security/vulnerabilities/226500226/index.html (http://www.youtube.com/watch?v=nJQ24dw3vaQ). There is NO security used in RFID implementations in credit cards with everything sent in plaintext.
Just an FYI: a nail through the RFID chip in your credit card will disable it quite nicely and [usually] not damage the magnetic strip or use of the card in any other way.