Fast Company hired Rik Farrow a computer consultant to see if he could hack the iPhone. He did, and was able to take complete control of the iPhone and "demonstrate the ability to eavesdrop on conversations, intercept voice mail and e-mail, and upload nefarious software programs." The article points out that all smart phones suffer security lapses but this one is worse because Apple installed all of its software at the root level, giving hackers easier access to different applications.
Apple has since patched the hack and experts doubt that hacking phones will become as popular as hacking computer, at least not now.
"Taking over a PC allows you to install spam distribution servers that shoot out ads," says Daniel Eran Dilger, a San Francisco-based technical consultant and contributing editor to AppleInsider. "There's no real business model behind the kind of spy surveillance imagined by many writers."
The video of the hack is below:
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