wiredmikey writes "In order to get a look at what happens when a smartphone is lost, Symantec conducted an experiment, called the Honey Stick Project, where 50 fully-charged mobile devices were loaded with the simulated (fake) personal and corporate data and then dropped in publicly accessible spots in five different cities: New York City; Washington D.C.; Los Angeles; San Francisco; and Ottawa, Canada.
Tracking showed that 96-percent of the devices were accessed once found, and 70-percent of them were accessed for personal and business related applications and information. Less than half of the people who located the intentionally lost devices attempted to locate the owner. Interestingly enough, only two phones were left unaccounted for, the others were all found.
Going further, of the devices located, 45-percent of them reported that there was an attempt to read corporate email, and the remote admin application was accessed 49-percent of the time. A file named “saved passwords” was also one of the top selections, with a 57-percent access rate. Access to social networking accounts and personal email were each attempted on over 60 percent of the devices.
The numbers shouldn't be surprising. While not everyone has malicious intent, people are curious by nature — so remember to password protect your smartphone."
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