Samsung Pay – security flaw discovered

pay_home_ic_appSecurity researcher Salvador Mendoza recently discovered a security flaw in Samsung Pay and discussed it during his Black Hat talk in Las Vegas. Basically Samsung Pay generates tokens each time a transaction is made. The idea is that this will mask the credit card information so that in the event it is intercepted, the details can’t be seen by the hacker.

Complete article: Samsung Pay – security flaw discovered