There s bad news and then there s worse news! The bad news is that you lost your iPhone 4. The worse news is that the person who found it can hack the device in less than 6 minutes and get access to crucial information such as all your savedlogins, passwords, Wi-Fi network information and a whole lot more. There is a 2-minute video published by a German engineering firm Fraunhofer that shows how an iPhone s security can be rendered completely useless and can be bypassed with utmost ease. The device used in the video is an iPhone 4 running iOS 4.2.1 with no jailbreak. The video uploaded clearly defines the procedures in 5 steps.
Step 1: Jailbreak the device
Step 2: Get access to the file system
Step 3: Copy a keychain access script on the device
Step 4: Execute the script to reveal security with the help of system function
Step 5: Your secrets are .
The purpose of the demonstration is to make consumers and manufacturers aware of the fact that they need to be prepared to take immediate action if they lose their iPhone 4.
Take a look at the video presented by the engineering firm.