That’s twice. In two days. Yesterday, security firm Zvelo discovered a potential exploit against rooted phones. Today, tech blog TheSmartphoneChamp discovered how to accomplish the same feat on non-rooted phones. This is not good.
The security PIN system that Google Wallet users have to enter to verify transactions has been compromised. Thankfully, the chances of your wallet being used against you is relatively low — assuming you haven’t rooted your phone, that is.
While it doesn’t mention Google Wallet by name, PayPal’s lawsuit coincides with the day that Google’s NFC service was announced. Alleging that trade secrets were stolen and disclosed, PayPal’s going after Google in a big way.
“Your phone will be your wallet.” That’s what Google’s promising with Google Wallet and Google Offers, which’ll combine payments and deals in one neat package. And it’s a pretty compelling little vision of the future of paying for stuff.
I go through the world marveling at the objects around us—from lamp posts to toothbrushes to buildings to sailboats—looking for details, craftsmanship, function, beauty, and purpose. If you know someone nutters like that, here are some gift ideas: