"We would like to assure our customers that the recent security issue concerning the Galaxy S III has already been resolved through a software update. We recommend all Galaxy S III customers to download the latest software update, which can be done quickly and easily via the Over-The-Air (OTA) service."
So, if you own a Galaxy S III smartphone, you should update it to the latest version of software available, either using Kies or over-the-air.
Samsung however did not state anything about the vulnerability on other smartphones or their patches. According to reports, Samsung Galaxy S II, Galaxy Beam, Ace and select other smartphones can also be wiped by a hacker by simple using a single line to code in a malicious website, NFC tag or QR code.
We hope company will soon release a patch for other devices too.
There were several other un-confirmed reports suggesting not only Samsung, but few other Android phones were also affected by the bug, but no clarity was available on the matter.