Since these ICs had no encryption or authentication, they would broadcast their information as soon as a reader was nearby. Most were using the EM4100 protocol card (a type of 125khz card) or a CMOS IC-based card, which had the information about the tag or fob stored openly. At the time, RFID technology had spread like wildfire across many sectors - tech companies, hospitals, and more were using 125khz cards to access door secured with electric locks. A good example of this is RFID tags in 2013. While this technology is amazing, it requires constant evolution and adaptation to defend against malicious users.Īny new technology, from the moment it is introduced to the general public, is vulnerable to manipulation and hacking by malicious users. For example, door security has evolved from simple pad locks and keys to RFID-enabled cards and fobs that can be swiped and triggered, as well as using electric locks to open doors. The security industry has experienced a major overhaul with advances in technology. IDTechEx states that the market is estimated to rise to $13.2 billion by 2020.
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This market sizing includes all the tags, readers and software designed for RFID cards and RFID key fobs, including all form factors. The parent directory for NFC was estimated a $10.1 billion - from $9.5 billion in 2014, and $8.8 billion in 2013. IDTechEx found that in 2015, the total RFID market was worth $10.1 billion.
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