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Spyware, viruses, & security forum: NEWS - February 13, 2012

by: Carol~ February 13, 2012 6:36 AM PST

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NEWS - February 13, 2012

by Carol~ Moderator - 2/13/12 6:36 AM

Google Wallet PIN System is Secure, Google Claims

Google calls for users to stop rooting Android smartphones to crack the PIN code for the company's Google Wallet mobile payment service.

Stung by two instances where Google Wallet was hacked, Google defended its mobile payment service and claimed it is safer than using credit cards to pay for goods.

Google Wallet is a mobile payment app that communicates with smartphones equipped with near field communications (NFC), a short distance wireless technology. The app runs on Sprint Nexus S 4G smartphones, which users may tap against a cash register to pay for goods at some 20 retailers and restaurants.

The app, designed to let shoppers leave the wallets, cash and credit cards at home, is protected by a PIN code and the phone's lock screen.

"People are asking if Google Wallet is safe enough for mobile phone payments," wrote Osama Bedier, vice president of Google Wallet and payments, in a corporate blog post. "The simple answer to this question is yes."

However, two separate security researchers last week cracked the PIN code used to secure Google Wallet.

Continued : http://www.eweek.com/c/a/Security/Google-Wallet-PIN-System-is-Secure-Google-Claims-218707/

Related: Google Wallet PINs easily stolen from rooted devices

Also:
Report: Google Wallet's PIN fails to fully protect - Update
Google Reacts to Google Wallet Security Issues

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