Provisioning of new Google Wallet prepaid cards has been re-enabled in Google Wallet, according to Google. In addition, Google fixed an issue that allowed the same prepaid card to be re-provisioned to a user.
The company decided to stop dishing out new prepaid cards when it was discovered that clearing the application’s data (Google Wallet’s), allowed one to bypass the security PIN set by simply creating a new pin. In addition, the same prepaid card was re-issued to the user.
Here is what Google had to say on the matter:
Yesterday afternoon, we restored the ability to issue new prepaid cards to the Wallet. In addition, we issued a fix that prevents an existing prepaid card from being re-provisioned to another user. While we’re not aware of any abuse of prepaid cards or the Wallet PIN resulting from these recent reports, we took this step as a precaution to ensure the security of our Wallet customers. If you are unable to access your previous prepaid card balance for any reason, please contact our toll-free support for assistance.
The whole Google Wallet PIN number crack exploit still needs to be resolved. Although I still don’t think it’s a major issue (you need to have a rooted phone, you need to not have a screen lock, you need to lose your phone, and someone has to physically get a hold of your phone before any damage can be done), it would be nice for Google to develop some sort of fix so that the worried can relax and sleep well at night.
Source: Google Commerce Blog