Yes, after having proven time and again that RFID is not safe (it’s easily readable and copyable) those twits at the credit card companies have helped enable fraud on a massive scale by deploying RFID on credit cards. Naturally none of your data is protected at all (like, for example encryption) and (almost) all the necessary data to make a credit card purchase is on the chip. Of course that didn’t take too long to make a workable hack of and over 20 credit cards (which is every one the researchers tried) were vulnerable. Easily. You could just tatoo you credit card on your forehead, but that would be too difficult for criminals – they’d have to copy the data using writing or pictures.