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Security firm says iPhone bug can thwart device wiper

A German security company has uncovered a bug in the new iPhone’s software that it said enables hackers to overcome a safeguard allowing users to remotely wipe stolen or lost phones. Berlin’s Security Research Labs,said on Thursday that the vulnerability could potentially give criminals time to break into the Apple Inc phones, gain complete control of data, access email accounts and then potentially take over the user’s bank accounts. This is a huge problem for anyone who loses their phones obviously, since a majority of people think they are safe with a lock on their phones; when in fact they are not.

URL: http://www.reuters.com/article/2013/10/03/us-iphone-hackers-exclusive-idUSBRE9920YX20131003

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