Posts tagged ‘Apple Watch security’

Apple Watch with Apple Pay Security, is it Tough Enough?

Apple Watch with Apple Pay

Apple Watch with Apple Pay

Are you just as excited as I am to begin making purchases for everything with the new Apple watch? Coming to a wrist near you, the Apple watch is due to hit shelves sometime in the beginning of 2015. The big question that comes to mind with this up and coming technology is security.

Apple Pay Security

Don’t be fooled into thinking just because its an Apple product that its secure. I would be curious to hear the responses by Scarlett Johansson and Jennifer Lawrence on their thoughts of Apple security with the latest iCloud hacks. Even with the latest vulnerabilities exposed, are we expected to open our wallets and let Apple have a look inside? Wait just a minute. A couple of questions need to be answered first.

What is going to make Apple Pay secure?

Apple has created a unique process for storing payment methods. Storing the actual credit card numbers are going to be non-existent as they have developed an alternative method in which a “unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element” on the Apple watch. This is similar to a method that will become familiar within the payments industry known as tokenization. Unique digital “tokens” will be generated for each and every transaction with its own unique code that will make this virtually hack proof.

Well what if I lose my Apple watch?

Oh, it gets better. If you ever lose your watch, you will be able to erase it through your iCloud account no matter where it might be. This shouldn’t happen very often as it will be strapped onto your wrist. Just watch out for those tricky magicians.