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Vulnerabilities play only a tiny role in the security risks that come with mobile phones

Both bad news (all devices were pwnd) and good news (pwning is increasingly difficult) came from the most recent mobile Pwn2Own competition. But the practical security risks that come with using mobile phones have little to do with vulnerabilities.
Last week saw yet another successful edition of Mobile Pwn2Own, the contest in which participants are challenged to attack fully patched mobile devices using previously unknown…