Google Wallet security holes affect both rooted and stock phones
Recent investigation has unveiled glaring security holes in the Google Wallet NFC payment service which lets a person gain access to the secret Wallet pin. While it was believed that only users with rooted devices were threatened by this security lapse , further investigation shows that even stock devices are at risk.
Google advises users to keep both a screen lock and pin lock to ensure maximum security. Google is expected to roll out a fix for the two security holes soon.
[Via - The Verge]