"PrivExchange" flaw fixed too after proof-of-concept published.
Tighter controls could disrupt Russia's Internet and be used to stifle dissent.
Tries to win customers that want greater flexibility.
Primary and backup data wiped.
Caused by undisclosed 'security vulnerability'.
Says change needed to protect "virtually every" smartphone and net user.
ASIC seeks alpha, finds vapour.
But the software is likely to win more than a few enterprise fans.
Agencies urged to exercise "pragmatism" and mind the business and technical "gaps".
Handed key SI role.