[LINK] News: 'New mobile phones will double as credit cards'

[Adam Todd]

At 08:28 AM 29/04/2007, David Boxall wrote:
>Roger Clarke wrote:
>>MOBILE phones will be used as credit cards in Australia within two years.
>>Nokia, Samsung and LG Electronics have signed a deal with 
>>MasterCard to turn mobiles into "phone wallets".
>...
>Which makes them even more attractive targets.
><http://www.itnews.com.au/newsstory.aspx?CIaNID=50709&r=rss>
>"The study found that only 66 per cent of people used a Pin to 
>protect their device, although 45 per cent of those did not bother 
>to change the default number."

Except on Clamshell type phones, you can pin protect the "boot" of 
the phone, but you can't pin protect USE of the phone.  It's just 
FLIP and away you go.

How stupid is that!

Can't even LOCK the phone to prevent unauthorised use if you misplace it.