A root kit has been released for Android phones that will allow the stealing of email and text messages. The malicious software was delveloped by security experts in a push to get Google to fix a security flaw in the operating system. While this actual kit may not make it to the wild it shows that someone can develop one who may not be a scrupulous.
Software released for attacking Android phones - Technology & science - Wireless - msnbc.com
Software released for attacking Android phones - Technology & science - Wireless - msnbc.com