Abstract

The Google Wallet mobile app made the e-wallet concept mass market, but security breaches were not far behind. A focal point of malware writers seems to be banking trojans that attack the highly secured connection between the bank and the user. Tracey Caldwell examines the security threats facing e-wallets and sets out a number of approaches to securing e-wallets, from using the Secure Element, to optical tokens and cloud-based authentication. She also discusses the role that retailers, merchants and telco companies may play in e-wallet security in the future.

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