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Fix for major Google Wallet security flaw in the works

http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/02/google-wallet-520
Credit: The Next Web

Google is reportedly aware of and working to fix a major security issue relating to its Google Wall service on rooted Android phones.

A video posted by Zvelo (via 9to5Google) shows the PIN verification system on rooted devices that carry Google wallet can be cracked using an app that is freely available online.

Zvelo said on Wednesday that it immediately reported its findings to Google, which ”agreed to work quickly to resolve it”, however the company says that Google “ran into obstacles” which meant that it is yet to release a fixed version of the app. If you’re running a rooted version of Android, you should seriously tread carefully until Google releases a fix for the problem. The password setting can easily the verification system can be overridden easily, even after the PIN is changed.

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