More details, new video showing Iphone fingerprint reader pwned by Chaos Computer Club

I sort of agree with you on this. I turned off PIN security on both of my phones (iPhone 5 and Galaxy S3) because it is super annoying to put it in every time I want to unlock my phone. If I could unlock my phone with my fingerprint? I would totally do it. Some security is better than no security.

Well, there’s also activation lock to help protect against thieves. This may end up having a workaround, but likely not. Of course, then in the case of a stolen iPhone, there could be 2 victims, in the case of naive buyers who don’t think/know to check for activation lock first.