IS there a hole in the andoid OS security and is there a fix

To uote myself and link back to my securing apps thread is there a way to make an android phone in my case an LG ally safe from data loss if lost or stolen the question I have about the hole is what carrot app tech is implying and I noticed in demoing their app. They say the secirty fix might be to root your phone in stall carrota app as a system app due to the way android OS Boots. Is this safe and supported and also what I said below ...

check this link out and respond back
Bug Needs fixing and then I will probably buy APP

http://www.droidforums.net/forum/te...ch-dialing-improvments-needed.html#post620941

 

I still think that the Andoid OS is hard to Lock down

The carot App and similar is a good lock down so that if you hand your phone to someone they can't read your messages but the anroid OS does not fully lock doown or encrypt your messages as far as I can tell as the data for messages / calandars etc is shared amongst Any app that is installed and allowed "to read/edit" the data when you Install it. SoCarrot Apps works pretty good unless anotherapp has acces to the same data and you haven't locked it down as you don't know the app has access. additionally if you phone is lost or you or someone Roots your Phone I don't know how well the data is protected. Whomever can provide more detail on wiether your data is safe orr not it would be interesting to know.

I addionally would like email services etc that have apps like GMAIL/AOL/YAhoo etc .. to add would you like to password protect your Login and have a timeout (say 15 Minute) on thier Apps. I believe Touchdown has these features bu only works with Exchange. I would use touch down to access other email sources like AOL/YAhoo/Gmail if it was supported. Suggestions Anyone?

 

I think the app was updated to app protector and its still works pretty good