12 Aug '13, 10pm

Android Flaw Could Empty Bitcoin Wallets

Android Flaw Could Empty Bitcoin Wallets

Android device owners who use Bitcoins may have their digital currency stolen because of a security flaw in Android, the Bitcoin Foundation has warned . The problem may lie in Android's implementation of the java.security.SecureRandom application programming interface in Java. It was first publicized by Nils Schneider in January. The flaw is "the same vulnerability used to hack the PlayStation 3," Schneider told TechNewsWorld. "This is a serious issue," remarked Michela Menting, a cybersecurity senior analyst at ABI Research . "The vulnerability lies in the underlying mobile OS, meaning all wallets are intrinsically flawed." Users should be diligent about knowing who they are doing business with, never provide too much information, and always check their accounts, said Jim McGregor, principal analyst at Tirias Research . Google did not respond to our request to comment for...

Full article: http://www.technewsworld.com/rsstory/78702.html

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Android Security Flaw Puts Bitcoin Wallets at Risk

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