Have an Apple iPhone with iOS 6.1? Keep your phone safe
Apple iOS 6.1 has been off to a bad start with connectivity issues for some phones, massive battery drain and now a security flaw allowing anyone to bypass your password and can view contents of your phone such as your contacts, check your voicemail, look through your photos. The method to bypass your lock code is done by making (and immediately canceling) an emergency call and holding down the power button twice.
The video below by The Verge confirms the steps demonstrated both by YouTube users S1riOS6 and videosdebarraquito. Keep your phone safe and with you at all times until a security patch has been issued.