IBM Reveals Android Security Flaw

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Mark Melin
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A new security hole in Android phones could leave 86 percent of its users at risk to having their passwords and critical information compromised, according to a report in PC Magazine. IBM discovers Android security flaws By exploiting the security flaw, which was first discovered by International Business Machines Corp. (NYSE:IBM), hackers can obtain banking and virtual private network credentials, PINs, and unlock patterns, the report said.  IBM security researchers uncovered the bug in September and quietly warned Android’s security team.  Two months later Android released a patch for 4.4 KitKat operating system, but users who have not upgraded operating…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.