Security Vulnerability Found in Google Wallet Joshua Rubin of zvelo recently explained his research in the security of Google Wallet. Rubin discovers that a lost or stolen Android phone with Google Wallet configured could be as bad as lost a credit card.Google Wallet is currently the only public available NFC-based payment system. It's officially available in Samsung Nexus S 4G on Sprint network. NFC is using Secure Element (SE) to store/