Google Wallet is Google’s answer to credit cards. Google Wallet was first seen on the Nexus S 4G which had NFC (Near Field Communication) technology. The NFC technology is able to communicate with other NFC enabled devices. You are able to put money in Google Wallet, sort of like a virtual credit card. As of now Master Card and a few companies like Subway support this feature. Of course many people were concerned about security issues with this method of storing money. And as we should know by now, if you snoop enough, you can pretty much bypass anything.
A report from Zvelo has exposed a vulnerability in the PIN for Google Wallet. They were able to get into the Google Wallet application without actually having the PIN. This is due to the fact that personal information and payment history is uncrypted. There is a way to actually prevent this from happening, and it isn’t out of this world.
To prevent this from happening to Google Wallet users, follow these steps: Read More...
