Google Wallet gets security fix

A security fix has addressed Google wallet hacking concerns

February 16, 2012
Google logo

The Google Wallet prepaid service has been re-enabled after a security fix designed to address hacking concerns was rolled out.

The service downtime follows two exploits that were discovered last week. The first allowed hackers to bypass PIN protection on rooted devices, while the second did not require a handset to be rooted, putting all Wallet users at risk.

Google maintained that the service was secure; however it decided to disable the prepaid card service as a precaution.

The security fix was not enough for zVelo, a security firm who claims that the new fix does not protect users who have rooted their devices.

Google argues that users with rooted devices do not use Google Wallet, however zVelo is open to the possibility that hackers would first steal an Android based phone, then root the device to gain access to the Google Wallet account.

Read the full story at: Boy Genius Report.

Tags: Android, Google, Google Wallet, zVelo

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