Your Phone's Passcode Is Protected By The Fifth Amendment
Having a passcode could keep you from being required to share your information in a court case. Your fingerprint is another story.By Leah Becerra | September 28, 2015
Having a passcode on your phone might be your best defense in a case where a device's data could be used against you.
In January, the Securities and Exchange Commission accused two analysts for Capital One Financial Corp. of insider trading. The SEC claimed the two turned a $150,000 investment into $2.8 million with the information they gleaned.
Even though the two men had company-owned smartphones while the insider trading was allegedly happening, Capital One did not know the passcode for either device.