Monday, August 8, 2016

Flaw in Samsung Pay Enables the Token to be Stolen

A hacker in Mexico has discovered a way to steal the token Samsung Pay generates and use it at places where the phone is not present. He created a device that straps to his forearm and then steals the token when he picks up the smartphone. He can then compile the token into another phone or load it into a homebrew device and use it.

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