Skype might have been caught off guard by the news that their Android app was subject to a data stealing exploit, but the company has made an announcement to calm our nerves.
Skype has acknowledged the issue, and is working on a fix. In the meantime, they suggest users be cautious about what apps they install.�The Skype app for Android stores user profile data on the SD card in a standard folder. None of the sqlite3 databases are encrypted, so it is a relatively simple process to extract the data. The information that is accessible to this hack includes contacts, IM logs, and profile data.�...
Source:
http://respectedadmins.com/blog/skype-acknowledges-android-security-issue-working-on-a-fix/
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