Alarm bells rang before I even read the whole article. All I could think of was "Identity Theft anyone?". Jeez, what would happen if that device landed in the wrong hands, let's hope the price tag is a deterrant for that kind of use.
As for employers using this on their employees phones....that better be in regards to a work issued phone if that happens, I'll execpt that, but if they touch my personal phone...well if I can't say anything nice, I won't say anything at all (on the forum anyway)!
I'll be honest, it sounds like a good gadet though.