NFC exploit used to hack Samsung Galaxy S3 running Android 4.0.4

Using a pair of zero day vulnerabilities, a team of security researchers from U.K.-based MWR Labs hacked into a Samsung Galaxy S3 phone running Android 4.0.4 by beaming an exploit via NFC (Near Field Communications).

The team — Tyrone Erasmus, Jacques Louw, Jon Butler and Nils (yes, that Nils) — carted off a $30,000 cash prize as part of the EuSecWest mobile Pwn2Own hacker contest.