Android Password Data Stored In Plain Text

jampola writes "The Hacker News is reporting that Android password data is being stored as plain text in its SQlite database. Hackers News says that 'The password for email accounts is stored into the SQLite DB which in turn stores it on the phone's file system in plain text. Encrypting or at least transforming the password would be desirable.' I'm sure most would agree encrypted password data in at least SHA or MD5 would be kind of a good idea!"