Vulnerabilities in Xiaomi Phones could have led Hackers to Forge Payments
By MYBRANDBOOK
Check Point Research (CPR) identified vulnerabilities in Xiaomi’s mobile payment mechanism. Left unpatched, an attacker could steal private keys used to sign Wechat Pay control and payment packages. Worst case, an unprivileged Android app could have created and signed a fake payment package.
Vulnerabilities were found in Xiaomi's Trusted Environment
Over 1 billion users could have been affected
Xiaomi acknowledged and fixed the security flaws
Check Point Research (CPR) identified vulnerabilities in Xiaomi’s mobile payment mechanism. Left unpatched, an attacker could steal private keys used to sign Wechat Pay control and payment packages. In the worst case, an unprivileged Android app could have created and signed a fake payment package.
Specifically, the vulnerabilities were found in Xiaomi's Trusted Environment, which is responsible for storing and managing sensitive information such as keys and passwords. The devices studied by CPR were powered by MediaTek chips.
Two Attack Paths
CPR discovered two ways to attack the trusted code:
From an unprivileged Android app: The user installs a malicious application and launches it. The app extracts the keys and sends a fake payment packet to steal the money.
If the attacker has the target devices in their hands: The attacker rootes the device, then downgrades the trust environment, and then runs the code to create a fake payment package without an application.
Responsible Disclosure
CPR responsibly disclosed its findings to Xiaomi. Xiaomi acknowledged and issued fixes.
Quote: Slava Makkaveev, Security Researcher at Check Point:
“We discovered a set of vulnerabilities that could allow forging of payment packages or disabling the payment system directly, from an unprivileged Android application. We were able to hack into WeChat Pay and implemented a fully worked proof of concept. Our study marks the first time Xiaomi's trusted applications are being reviewed for security issues.
We immediately disclosed our findings to Xiaomi, who worked swiftly to issue a fix. Our message to the public is to constantly make sure your phones are updated to the latest version provided by the manufacturer. If even mobile payments are not secure, then what is?”
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Alcatel-Lucent Enterprise Carrying a 100 year legacy ahead
A good amount of R&D works and global support services are operated out of
Acer addresses evolving customer needs by consistently pushing
Acer offers a comprehensive range of products under one roof, including des
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
DIGISOL SYSTEMS LTD.
ALPHAMAX TECHNOLOGIES PVT. LTD.
DATA SAFEGUARD INDIA PRIVATE LIMITED
BEETEL TELETECH LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : SANTHOSH VISWANATHAN
Santhosh Viswanathan is the the Vice President and Managing Director f...
ICONS OF INDIA : RAJIV MEMANI
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
ICONS OF INDIA : SUNIL VACHANI
Sunil Vachani is the Chairman of Dixon Technologies (India) Ltd. Under...
PARTNER SPEAKERS
PSU
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
BSE - Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is one of India’s largest and oldest...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - PADMASREE WARRIOR, Founder, President & CEO - Fable
Padmasree Warrior, the Founder, President, and CEO of Fable, is revolu...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - NIKESH ARORA, Chairman CEO - Palo Alto Networks
Nikesh Arora, the Chairman and CEO of Palo Alto Networks, is steering ...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
