HTC Is Now Essentially Worthless (And Insecure)

Internet hyperbole (and financial analysis) have rendered HTC, a once high-flying mobile brand, essentially valueless. In short, the company is trading below cash on hand. So if you bought all HTC stock, the company would have to pay you, the buyer, to take it over. This means the company’s factories, stock and brand are worth nothing, at least on Wall Street.

Furthermore, the researchers have discovered that the HTC One Max has been keeping fingerprint biometrics used to unlock the cellphones in an unencrypted “world-readable” file, a definite no-no in the world of security. Hackers could easily open the file /data/dbgraw.bmp on the phone’s memory and capture your fingerprint data.

Read full post here:
https://techcrunch.com/2015/08/10/htc-is-now-essentially-worthless-and-insecure/

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