![]() ![]() If the iPhone is used for business purposes then the company's network security may be at risk as well. ![]() ![]() The hack, which could seriously compromise a corporation's critical infrastructure, was uncovered by experts in Germany and allows attackers to break into a lost or stolen phone simply by removing its SIM card and following a brief procedure.Įxperts at Germany's state-sponsored research institute Fraunhofer SIT said in a statement: "Within six minutes the institute's staff were able to render void the iPhone's encryption and decipher the passwords stored on it. Companies that let staff use iPhones and iPads for business, including the London-based bank Standard Chartered, have been warned that staff should be on "red alert" for an attack that can steal passwords from a device in just six minutes, even if its lock is enabled.
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