Apples New iPad must be the new kid on the block. Experts who has been using the device have already noticed security issues that had rocked iPhone on iPad too.

Smobiles chief technology office, Daniel Hoffman has confirmed that weak encryption on iPad can cause serious security threat to sensitive personal data, including phone number, contact data, sensitive notes, etc. According to Daniel, the data on iPad can be extracted and viewed by miscreants if this technical hole is left unattended on iPad.

“The problem with the iPhone security encryption is it is fundamentally worthless,” he said. “It can be easily bypassed.”

Hoffman not alone in making that assessment.

Secondly, if iPad users get their apps from the Apps Store, they are at risk of getting the occasional bad apple, Hoffman said, noting that there have been malicious apps found in the store.

In addition, the device is subject to man-in-the-middle attacks like any other device that uses unsecured Wi-Fi networks, he said. SMobile is developing a tool to protect against such attacks, in which someone is able to intercept Internet traffic mobile devices send over Wi-Fi networks and inject new messages while masquerading as a legitimate party in the communication.

The iPad also should have management capabilities, like the option of using PIN or passcode, and remote lock or wipe in case of loss or theft, he said. The iPhone offers service to help locate lost devices and for remote wipe, but it’s pricey at about $100 per year.

“Until it’s officially released we just won’t know on some of these things,” Hoffman said. “I would hope it would have remote wipe capabilities. People do mobile banking and store sensitive information and they want it protected.”

An Apple spokesperson did not respond to an e-mail seeking comment on Hoffman’s concerns.