Privacy, Cyber Security, and Mobile Devices

When it comes to online privacy, cyber security is an important factor. When all of us are using cellphones in an hourly basis, if not more frequent, we dont really think the possible security issues on the mobile devices. 

According to US-CERT reports, recently, the number of mobile devices sold exceeds the number of personal computers. Also, the number and sophistication of attacks on mobile devices is increasing, yet the countermeasures are slow to catch up. Like this:

So... what do you think a malware can do on a smartphone? Here are the examples: 

Access to email and social networking accounts, address book, personal and confidential files, messages, etc. that are stored on your device 

Besides malware, there are more security threats on mobile devices. Like spyware, viruses, phishing scams, etc. Almost the same as PCs.

Check out this video. This apparently is a good example of what malware is capable of: 

I dont know what you think, but this video, especially when he extracted out the address book from the phone, it really scared me off...

Did you already know all this?? or What do you think??