Here are the slides of a presentation at DEFCON about hacking various public transportation system access cards, gaining physical access to facilities etc.
http://www-tech.mit.edu/V128/N30/subway/Defcon_Presentation.pdf
The gist of it:
-the amount of money is stored on the magnetic stripe, allowing you to change it easily and put as much money as you wish on the card.
- they figured out how to break the RFID cards
- they came up with warcarting: http://web.mit.edu/zacka/www/warcart.html
http://www-tech.mit.edu/V128/N30/subway/Defcon_Presentation.pdf
The gist of it:
-the amount of money is stored on the magnetic stripe, allowing you to change it easily and put as much money as you wish on the card.
- they figured out how to break the RFID cards
- they came up with warcarting: http://web.mit.edu/zacka/www/warcart.html
