Samsung updates the Galaxy S III to resolve its remote wipe issue4
The flaw itself has stemmed from the way Samsung's TouchWiz handles USSD (Unstructured Supplementary Service Data) codes. Apparently, if those codes are embedded in a web page, to which you are redirected in some way, what would follow is a wipe now, ask questions later. Thankfully, the problem is now a thing of the past for GS III users, but it looks like some other TouchWiz handsets are still vulnerable. Let's hope that Samsung is going to fix them as quickly as it fixed the GS III.