The Google Wallet system appears to be under siege. Over the past couple days, two different methods of potentially cracking or circumventing the PIN security protecting Google Wallet have been revealed. What’s worse is that you could potentially be liable for fraudulent charges racked up with Google Wallet.

The initial revelation wasn’t much of a threat, relatively speaking. It required that the smartphone be rooted — a process that comes with inherent security consequences the user must be aware of and accept when embarking down that path — and relies on special software and some hacking skill to get at the PIN data.