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Hackers crack Google Wallet security on rooted Galaxy Nexus [video]

9 February 2012   BGR: The Three Biggest Letters In Tech
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The security experts at zVelo have discovered a vulnerability in Google Wallet that allows them to “easily reveal” users’ PINs. If a Google Nexus is rooted, Google Wallet’s PIN verification system can be cracked using a brute force attack. zVelo said on Wednesday that it immediately reported its findings to Google, and the company “agreed to work quickly to resolve it,” although the researchers said Google “ran into obstacles.” To fix the problem, the PIN verification must be moved into the secure element of the NFC chip in a device, however to do so Google must apparently coordinate... 

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