Google Suspends Google Wallet Prepaid Capabilities After Hack

By  |  February 12, 2012
 | 

After the successful hack attempt on Google Wallet, Google has suspended prepaid capabilities on credit cards that are linked to the application, according to a report by PCWorld.

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    “We took this step as a precaution until we issue a permanent fix soon,” Osama Bedler, Vice President for Google Wallet and Payments, wrote in a company blog.

    Engineers at Zvelo developed a “Google Wallet Cracker” last week, which enables the Google Wallet app on rooted Android phones to be hacked. However, Zvelo researcher Joshua Rubin told PCWorld that “Google Wallet is still significantly more secure than the credit card you use today, even with this vulnerability in the wild.”

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