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.
Related: Summary of Google Wallet Security Findings
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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.
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