The Skype application for Android contains a flaw that allows a rogue app to access and harvest users' personal information and things like chat logs from the device without needing root access or special permissions.
Sometimes vendors rush to get their product out there for a new media platform. In doing so, sometimes they overlook the most important aspects of the platform; Information Security. We rush out and buy or download the latest and greatest thing or software or apps for our devices and totally trust that that app is secure. I think our vendors need to refocus on Security. Things like this can get a company bad press and a downturn within their market. Granted that Skype is rather large, but I am sure people will think twice about using their software because of incidences like this.