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Goog monster picks your wallet

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Cornelius van Heyden

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Feb 12, 2012, 3:40:01 PM2/12/12
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Security Hole In Google Wallet Allows Anyone To Access Your Funds
[News]
February 11, 2012
By Yaara Lancet
If you use Google Wallet on your Android device, keep a good eye on
your phone. As revealed in a video by the blog The Smartphone Champ, a
vulnerability in Google Wallet allows anyone who finds your phone to
easily access your funds on a Google prepaid card.
With this hack, all a person has to do in order to access your Google
Wallet is go to your phones application settings, find the Google
Wallet app and choose to clear all its data. This will reset the app,
and the next time it’s opened, it will ask the user to create a new
PIN, as if it’s running for the first time. And here is the catch,
Google prepaid cards are not tied to your Google account, but to the
device itself, so when a new PIN has been set, the card can be easily
added back, along with access to your funds.

Earlier this week, another hack was exposed by security blog Zvelo,
which compromises the Google Wallet PIN number. This method, however,
requires the device to be rooted, which renders the whole operation
much harder to execute. This new method, however, can be used by
literally anyone.
According to CNET, Google has released the following statement:
“We strongly encourage anyone who loses or wants to sell their phone
to call Google Wallet support toll-free at 855-492-5538 to disable the
prepaid card. We are currently working on an automated fix as well
that will be available soon. We also advise all Wallet users to set up
a screen lock as an additional layer of protection for their phone.”
So if you use Google Wallet, keep your eyes on your device (even more
than usual), at least until Google fixes this problem.
Source: CNet

Cornelius van Heyden

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Feb 12, 2012, 3:39:15 PM2/12/12
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Cornelius van Heyden

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Feb 12, 2012, 3:39:47 PM2/12/12
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p00h the kat

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Feb 12, 2012, 4:14:39 PM2/12/12
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Good work Hab. Gawd, what a heap of crap.

--
p-00-h the cat
Internet Terrorist, Mass Sock puppeteer, Agent provocateur, Gutter rat
Devil incarnate, Linux user#666, BaStarD hacker
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