Digital wallets—like Apple Pay, Google Pay and PayPal—are projected to be used by more than 5.3 billion people by 2026. While these wallets promote increased security over traditional payment methods, reliance on outdated authentication methods and prioritizing convenience over security leaves digital wallets vulnerable, according to new research led by computer engineers at the University of Massachusetts Amherst.
New study reveals loophole in digital wallet security—even if rightful cardholder doesn’t use a digital wallet
