Author

Topic: Android Mobile wallet - network fee question & security (Read 746 times)

newbie
Activity: 43
Merit: 0
Fee is away from android it is mean network fast



yes you will safe your wallet but root operation is so dangerous if you are newbie and some of root tools made my hackers
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
It would be circumvented by getting malware onto the mobile device (which is the most likely attack vector)... which can then read the data off the storage and send it out.

This would of course require that the user was tricked into installing the malware and giving it the correct permissions, and/or that the malware was exploiting some unknown or unpatched vulnerability in the mobile OS that allowed it to use the network.

Given the news about the massive mobile botnet that got set up recently... getting a user to install malware is probably the easiest route Roll Eyes


If you made sure to never Root your phone, would that get over that issue? I would say it must be happening to people who have Rooted their phone as if the phone isn't rooted, it should be quite safe.
Even a smartphone is rooted there's always a permission before rooted apps do the functions in the root, even now this latest version android which is naugat have it whenever you used some permission it always ask something like "Allow [Application Name] to access your [contacts, gallery, etc.]" 'allow or deny' if you choose deny then it's obvious. Unless if you have lower versions of android.
member
Activity: 112
Merit: 10
It would be circumvented by getting malware onto the mobile device (which is the most likely attack vector)... which can then read the data off the storage and send it out.

This would of course require that the user was tricked into installing the malware and giving it the correct permissions, and/or that the malware was exploiting some unknown or unpatched vulnerability in the mobile OS that allowed it to use the network.

Given the news about the massive mobile botnet that got set up recently... getting a user to install malware is probably the easiest route Roll Eyes


If you made sure to never Root your phone, would that get over that issue? I would say it must be happening to people who have Rooted their phone as if the phone isn't rooted, it should be quite safe.
HCP
legendary
Activity: 2086
Merit: 4361
It would be circumvented by getting malware onto the mobile device (which is the most likely attack vector)... which can then read the data off the storage and send it out.

This would of course require that the user was tricked into installing the malware and giving it the correct permissions, and/or that the malware was exploiting some unknown or unpatched vulnerability in the mobile OS that allowed it to use the network.

Given the news about the massive mobile botnet that got set up recently... getting a user to install malware is probably the easiest route Roll Eyes

member
Activity: 112
Merit: 10
From a security standpoint of an Android mobile wallet, if you were to use a firewall like NoRootFirewall and block all incoming & outgoing connections to your mobile wallets while having your phone connected to the internet all the time, would that help making the Android wallet sure? As nobody can get access to your wallet by hacking it that way, they won't be able to make any transactions from your wallet. Then if you to make a transfer out from your wallet, you open up NoRootFirewall and allow incoming & outgoing connections to & from your wallet program.  Then you again block all access once finished.

Also, what network transaction fees should you modify for your wallet? For example, Coinomi has the default as 0.002BTC. Can this be lowered?
Anyone have any thoughts on this about Android mobile wallet security?
member
Activity: 112
Merit: 10
From a security standpoint of an Android mobile wallet, if you were to use a firewall like NoRootFirewall and block all incoming & outgoing connections to your mobile wallets while having your phone connected to the internet all the time, would that help making the Android wallet sure? As nobody can get access to your wallet by hacking it that way, they won't be able to make any transactions from your wallet. Then if you to make a transfer out from your wallet, you open up NoRootFirewall and allow incoming & outgoing connections to & from your wallet program.  Then you again block all access once finished.

Also, what network transaction fees should you modify for your wallet? For example, Coinomi has the default as 0.002BTC. Can this be lowered?
Jump to: