Google password found in simple text on rooted devices running S-Memo

When it comes to rooting an Android device, there are always risks involved; voiding your warranty or bricking your device are the worst case scenarios. A problem regarding rooted devices running S-Memo was discovered by accident by XDA member graffixnyc while using his Galaxy S III. While he was exploring the S-Memo SQLite files he discovered that the app had stored his Google account password in simple text. This is frustrating indeed but remember to keep something in mind; this is only possible to see in the SQLite file because he was rooted. The fact remains that the file should have been encrypted or protected but that’s just one of the risks involved with rooting.

Source: xda-developers