[ISN] LifeLock snaps shut Wallet mobile app over credit card leak fears

http://www.theregister.co.uk/2014/05/19/lifelock_yanks_mobile_app/ By John Leyden The Register 19 May 2014 LifeLock has withdrawn its Wallet App and deleted user data over concerns the technology falls short of user data protection rules under the payment card industry’s Data Security Standard (PCI DSS). In a statement Todd Davis, chairman and chief exec of LifeLock, said it was suspending the app as a precaution – not in response to a security breach. Yanking the mobile app will not affect the LifeLock ID theft protection service, which is designed to detect fraudulent abuse of credit card and non-credit related services, the firm assured customers. Nonetheless, taking the drastic step of pulling its mobile technology is bound to raise concerns – especially since LifeLocker has yet to explain why its mobile apps were not up to snuff. […]