Smart Phone Apps, Exchanges and Data Theft

05

April, 2011

 “The most valuable commodity I know of is information” – Gordon Gekko, Wall Street

 Ever wonder how much information your smart phone is sending out about you? The WSJ is reporting that “federal prosecutors in New Jersey are investigating whether smart-phone applications illegally obtained or transmitted information about their users without proper disclosures“(read article here).   The investigation is “examining whether the app makers fully described to users the types of data they collected and why they needed the information, such as a unique identifier for the phone or its location.” 

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