Security Issues Continue to Follow Google Wallet

By  |  July 18, 2012
 | 

Two recent reports have put the security of Google’s mobile wallet platform back into question.

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    On the one hand, Australia’s Commonwealth Bank is claiming that Google Wallet-powered Android smartphones are being delivered without the so-called secure element being enabled, American Banker says. The secure element is needed to safely process transactions over NFC.

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    Elsewhere, employees at McAfee have said the Google Wallet platform is vulnerable to a specific type of fraud called “fuzzing,” whereby criminals send corrupt data to the NFC-enabled device in search of security vulnerabilities.

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