Java security flaw on Nokia Series 40 phones?

Security Explorations, a new security research company based in Poland, says it's found two security problems in the mobile Java technology used by Nokia in its Series 40 devices. This covers over 140 handset models. The security flaw apparently lets hackers install malicious programs on a mobile phone without the customer being aware. These could send messages, make calls and give access to any information stored on the phone. The company has not published full details online but is selling a technical report to interested parties. [Press release]