McAfee on RFID Security Weaknesses

McAfee analysts recognize the positive possibilities of new technology, such as RFID, but are wary of the emerging opportunities to monitor and gather critical data surreptitiously. Sustaining security is critical to the long-term viability of these technologies. ...

... "Current RFID technology is vulnerable to eavesdropping, recording, cloning, and forgery. RFID readers could contain vulnerabilities that would allow RFID chips to contain exploits to steal information from backend databases. Proof-of-concept attacks are becoming more common and mass production of the technology has driven the cost of the devices way down, which has more manufacturers jumping onto the bandwagon." ...

Via McAfee: The Future of Cybercrime (PDF) ...