Security firm says iPhone bug can thwart device wiper
BOSTON (REUTERS) - 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, known as SRL, 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.
The research firm also said it has figured out an easier way to crack the iPhone fingerprint scanner than has been demonstrated thus far.
It published a video demonstrating the newly discovered flaws on its website, which this summer disclosed a major security flaw in SIM card technology that affected mobile systems around the globe, said it has shared its research with Apple's security team.