Stolen iPhones Held for Ransom in Australia

iPhone thieves are holding some stolen devices for ransom.

Your iPhone's gone -- stolen. Bad day, but it could get worse.

You could get an e-mail from the thief, asking for a $100 ransom to get the device back.

That's happening in Australia, according to PandoDaily, a security breach most foul that's got Apple users worried.

This is merely the latest in "months of security woes for Apple customers," reported the website, which concluded that "the term 'digital security' is an oxymoron." Once you go digital, they say, say goodbye to safety and privacy.

Apple has a "fundamental flaw" in its operating system that hackers are exploiting, Pando reported, and Apple has been slow to respond and adapt. The result is "security tech as effective as crossed fingers and rabbit feet," the tech-savvy news source opined.

On the user end, this has real consequential potential: If an Australian hacker can steal an iPhone and then contact the victim about it, it could probably happen here.

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