Thread: samsung pay
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Old 08-08-2016, 03:22 PM  
Bladewire
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"The security expert Salvador Mendoza demonstrated that is it easy to steal Samsung Pay tokens and reuse them to make fraudulent purchases.

The security researcher Salvador Mendoza has discovered a flaw in the Samsung Pay system that could be exploited by hackers to remotely skim credit cards. The attackers can steal Samsung Pay tokens and use them in another device to make fraudulent transactions.

Samsung Pay is a contactless payment system that comes standard in many modern Samsung smartphones. The system relies on tokens that have been designed to securely include credit card data, but evidently something goes wrong."

A flaw in Samsung Pay could be exploited to remotely skim credit cards

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" 13% of adults in the US have digital wallets on their smartphones." Interesting
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