ITNE2002 Network and Information Security: Google Play Wallet Security

This report provides a comprehensive overview of Google Play Wallet security. It begins by outlining the basic functionalities of the Google Play Wallet, emphasizing its role in facilitating fast, secure, and convenient payments for applications within the Google Store. The report then delves into the security features offered, such as encryption of credential data and the use of secure elements, alongside user and device authentication methods. It explores the business model of the Google Play Wallet, including offers and privacy concerns related to data storage and transaction attempts. The core of the report addresses the challenges faced, specifically fraud, chargebacks, card data security, malware impacts, and hacking. It concludes by discussing methods to enhance security, such as security keys, device fingerprinting, risk analysis, and user awareness. The report references relevant sources to support its findings, providing a detailed analysis of the Google Play Wallet's security landscape and offering insights into potential improvements.

GOOGLE PLAY WALLET- SECURITY

About Google play wallet
 Google play wallet is a new way
of making payment for the
purpose of buying the applications
in Google store.
 Google play wallets are used for
the purpose of having fast,
secured and convenient payments.
 The steps includes enrolling the
card within the Google play ,
processing the payment once the
card is being successfully
enrolled, user authentication,
device authentication and lastly
ensuring that proper data
protection is being implemented
within the system.

Security features offered
 Google Play wallet ensures all
credential data are being encrypted
so that it cannot be accessed by any
third person.
 The data stored within the Google
play wallet are in encrypted form that
can be only read by computer chips
that are called as secure elements.
 For the purpose of using Google play
wallet there is a need to have a
proper additional PIN so that the
NFC chip antenna can be activated.

Security features offered
 As soon as the transaction is made by the user the antenna
gets turned off. In case the user wishes to make the
transaction again then they must enter the PIN again for
having a proper transaction.

About the Google play wallet business model
 The Google play wallet business
model includes different offers.
The offers are basically divided
into today’s offers and nearby
offers.
 This helps the user to redeem the
discounted goods and services
that are available in the nearby
area.
 The privacy concerns that are
associated with the wallet include
storing the data regarding all the
payment transactions effectively,
storing details, and the number of
attempts taken by payments.

Challenges faced with security in Google play wallet
 Fraud and chargeback: once an
application is downloaded from the
Google play with the help of Google
play wallet than there are chances
that third party is using it for making
the transactions. This makes the
transaction insecure for the user.
 Card data security: while making a
payment the card detail gets stored
within the Google play wallet. In
case any data breach occurs within
the system than all the data will get
lost and this will eventually impact
the performance of the system.

Challenges faced with security in Google
play wallet
 Malware impacts: the cyber criminal tends to use these payment
methods for infecting someone’s phone with malware.
 Hacking the wallet: recently it has been observed that the
Google play wallet of a number of people got hacked that
caused huge loss of money. This became one of the major
challenges faced by Google.

Ways to enhance security within Google play wallet
 One of the major benefits that are offered with Google
play wallet is that it enhances the transaction process
and makes it easy to perform (Grover et al. 2017).

Ways to enhance security within Google play wallet
 The user needs to be more careful
while using these payment modes.
 One of the major benefits that are
offered with Google play wallet is
that it enhances the transaction
process and makes it easy to
perform
 The main pillars that helps in
maintaining proper security within
the transaction process includes
providing limited use security keys,
implementing device fingerprinting,
transaction of the risks analysis on
time and tokenization.

Ways to enhance security within Google
play wallet
 Security awareness needs to be done among the users
and employees of the Google so that they can deal
with difficult situations. This will ensure that the
proper payment process is being conducted with
proper security.

Ways to enhance security within Google
play wallet
 Merchant needs to have an updated
POS server so that they can have
updated software with proper
security controls.
 Merchants needs to be aware of the
potential risks so that they can
perform the activity accordingly that
will help in managing the activities.
 Effective transaction with high
security will minimize the chances
of card detail theft and data breach.

References
 Chauhan, M. and Shingari, I., 2017. IS Future of e-
Wallets: A Perspective From Under
Graduates. International Journal of Advanced Research in
Computer Science and Software Engineering, pp.146-150.
 Grover, N., Saxena, J. and Sihag, V., 2017. Security
Analysis of OnlineCabBooking Android Application.
In Proceedings of the International Conference on Data
Engineering and Communication Technology (pp. 603-
611). Springer, Singapore.