[H]ardOCP:

Rumors are floating around the internet that the iPhone has a serious security flaw that allows unauthorized people to access virtually all your private information.



"2.0.2 gives almost full access to the iPhone even while under password protection... Set iPhone to use passcode lock, have contacts marked as Favorites with links, phone numbers, addresses, etc. in address book entry. Tap ’Emergency Call’ keypad from passcode entry screen. Double-tap home button. Tap blue arrow next to contact’s name. You now have full access to applications..."



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