Do RFID-blocking wallets actually do anything?

News wire · Source based brief

While RFID-blocking wallets effectively shield radio signals, UK crime statistics indicate that remote contactless card skimming is virtually non-existent in real-world scenarios. For manufacturers and retailers, this suggests that the commercial value of these accessories relies more on consumer peace of mind than on addressing a statistically significant security threat.

This is a short brief, not a full RFIDWire article. Claims and outcomes remain attributable to the cited publisher.