Google Wallet Gets Cracked

By  |  February 9, 2012
 | 

Tech giant Google is finding itself with a hole in its security shield due to a successful hack attempt on its Google Wallet mobile payment system, according to a report by Fast Company.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Related: Summary of Google Wallet Security Findings

    Engineers at Zvelo have developed a “Google Wallet Cracker” app that breaks through the encryption wall within seconds. This breach is particularly serious because it exposes users’ Google Wallet PIN numbers. However, the breach only seems to affect those with rooted Android phones.

    Currently, Google is working diligently to find a solution to the problem as well as develop a heightened security system. For the time being, Google is recommending that all users with rooted phones avoid installing Google Wallet.

    Click here to read the complete article.


    See More In: