Unfortunately, the public is all gaga over the idea of replacing a card swipe with an NFC pass-over using a smartphone. Go ahead and believe that. But if you think it is also hacker-proof, you'll be in for a surprise. It's no safer than using the mattress to stash cash. At some point, you can expect to be robbed blind. (John C. Dvorak)

Unfortunately, the public is all gaga over the idea of replacing a card swipe with an NFC pass-over using a smartphone. Go ahead and believe that. But if you think it is also hacker-proof, you'll be in for a surprise. It's no safer than using the mattress to stash cash. At some point, you can expect to be robbed blind.

John C. Dvorak

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