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Source: Forbes

Careful, iPhone users: Your smart phone may be smarter than you think.

On Thursday researchers at Finnish cybersecurity firm F-Secure said they have spotted the first known instance of iPhone “spyware” called Mobile Spy, a piece of commercial software that sells for $99 a year.

Mobile Spy developer Retina-X Studios says the software can invisibly track the call logs, text messages and even the GPS data of any iPhone it’s installed on, allowing the eavesdropper to track the user’s whereabouts on a Web site that hosts the stolen data.  More…

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