iCloud users take note: Apple two-step protection won’t protect your data

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If you think your pictures, contacts, and other data are protected by the two-step verification protection Apple added to its iCloud service in March, think again. According to security researchers in Moscow, the measure helps prevent fraudulent purchases made with your Apple ID but does nothing to augment the security of files you store.

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Story added 31. May 2013, content source with full text you can find at link above.