The Samsung Galaxy S5 uses biometric tech for authentication. All you have to do is swipe your finger on the bottom of the screen to get through the lock screen. Its biometric tech also allows you to pay for stuff via the PayPal app by a simple swipe of the finger. Unfortunately, a video shows that by creating a dummy fingerprint, hackers can get through the lock screen and pay for stuff using your PayPal account. They can also transfer your PayPal credits to another account of their choosing.
Here’s the video:
PayPal is still confident in the use of biometric tech to pay for stuff. In a statement sent to BGR, it said:
While we take the findings from Security Research Labs very seriously, we are still confident that fingerprint authentication offers an easier and more secure way to pay on mobile devices than passwords or credit cards. PayPal never stores or even has access to your actual fingerprint with authentication on the Galaxy S5. The scan unlocks a secure cryptographic key that serves as a password replacement for the phone. We can simply deactivate the key from a lost or stolen device, and you can create a new one. PayPal also uses sophisticated fraud and risk management tools to try to prevent fraud before it happens. However, in the rare instances that it does, you are covered by our purchase protection policy.
We should also note that it may be easy to create a dummy fingerprint, but hackers would still have get molds of your fingerprints, which will be difficult to do. We’re pretty sure no one will willingly give their fingerprints to strangers.
Do you pay for stuff using biometric tech on the Samsung Galaxy S5? Let us know through a comment on our Phones LTD Facebook page.