"New Study Reveals Loophole in Digital Wallet Security—Even if Rightful Cardholder Doesn't Use a Digital Wallet"

Over 5.3 billion people are expected to use digital wallets such as Apple Pay, Google Pay, and PayPal by the year 2026. Although these wallets are supposed to provide greater security than traditional payment methods, the reliance on outdated authentication methods and a preference for convenience over security make digital wallets vulnerable, according to new research led by computer engineers at the University of Massachusetts Amherst. This article continues to discuss the study "In Wallet We Trust: Bypassing the Digital Wallets Payment Security for Free Shopping."

The University of Massachusetts Amherst reports "New Study Reveals Loophole in Digital Wallet Security—Even if Rightful Cardholder Doesn't Use a Digital Wallet"

Submitted by grigby1