Smartphone vendors try to up the ante on the security of their devices every time they release a new one. However, skilled hackers nearly always outdo these vendors by somehow finding an exploit in these devices. Pwn2Own is a hacking contest that has been an annual gathering of the best hacking minds from around the world. It has been happening for the last six years. This year's Pwn2Own was just days ahead of Apple's iPhone 5 launch event.
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