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Topic:Is Your Sensitive Data Securely Managed With Google Wallet?(ANDROID)


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  • muthaher
    Member
    Posts:39
    5 DinoPoint™ gained for this post
    Is Your Sensitive Data Securely Managed With Google Wallet?(ANDROID)
    Posted: 12/14/2011 14:31 EST
    Even with the more and more handsets becoming capable of NFC transmissions, most them have yet to see Google Wallet. At least officially that is. I say officially because the folks at XDA brought Google Wallet to the Nexus S in an unofficial capacity. Even the Galaxy Nexus on Big Red’s network may not see it. However we should Google Wallet on more and more phones over time and NFC transactions becoming more commonplace. As this app becomes more common the question that is begging to be asked is, can you trust this or other NFC transaction apps with keeping your most sensitive data secure? Well according to a new report, yes and no.
    Given identity theft and credit fraud are running rampant in this technological day and age you would think that your credit card number would be stored with the utmost security, and well, yes, Google Wallet does just that. The app records these numbers only to the NFC chip’s secure storage area and not even a rooted phone will release that information.
    The problems that could occur deal with the other bits of data that are still accessible. If an attacker were to get access to your phone, be it physically or through malware, they could learn the last four digits of your credit card number, your name, email, and card expiration date. This, coupled with a record of transactions you’ve made, and that stored data seems ripe for the picking by anyone wanting to make an identity theft attempt.
    Given that we are moving closer and closer to our phones and devices being the way we do everything, we store almost all our data on our phones as is. Google should do its very best to encrypt all this data to make identity theft harder. Although Google knows that we trust them with our lives and if anyone could keep our secrets safe it definitely would be Google. So while this may or may not be overblown it’s still good to know what’s secure and what’s not. Hit the break below to get a link to both an overview and in depth view on how this was tested. So what do you think? Are you ready to trust Google with your financials yet?
  • Carlee
    Member
    Posts:54
    1 DinoPoint™ gained for this post
    Is Your Sensitive Data Securely Managed With Google Wallet?(ANDROID)
    Posted: 12/30/2011 23:58 EST

    Quote Content

    I think Carlee is correct; I have talked to a lot of people who couldn't care less if their data is accessible to hackers, as long as it is convenient for them to access what THEY want to access.


    We know that just recently when some phone users discovered that the creators of their phones were monitoring everywhere they went, invading their privacy and storing their data without their consent or knowledge, those people just laughed it off and said that was how it should be.

    So, I don't think people will pay that much attention to whether their data is encrypted.
  • Haley
    Member
    Posts:57
    1 DinoPoint™ gained for this post
    Is Your Sensitive Data Securely Managed With Google Wallet?(ANDROID)
    Posted: 12/27/2011 01:26 EST
    I think Carlee is correct; I have talked to a lot of people who couldn't care less if their data is accessible to hackers, as long as it is convenient for them to access what THEY want to access.
  • Carlee
    Member
    Posts:54
    1 DinoPoint™ gained for this post
    Is Your Sensitive Data Securely Managed With Google Wallet?(ANDROID)
    Posted: 12/22/2011 03:01 EST
    I think most people are already ready to throw caution to the wind. I'm not saying that I disagree with you. There should be security in place. I am only saying that I think most people won't care, or might not even think about the issue of encryption.
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