A new study has found that the Android App Store vs iOS App Store comparison has no security advantage for either of the big name tech brands - Google or Apple Inc. A recent spate of hacked emails, Hollywood private photo leaks, and disclosure of financial information has the Internet rethinking about safety in the cloud or at the app store.

According to a new security report by Checkmarx found that Cupertino, Calif.-based Apple is no better than its rival Android when it comes to security breaches from its app store. News of Apple's vulnerabilities follow what analysts claim are hyped up statistics by Apple Inc. The report has found that the iOS app store has more vulnerabilities than Android.

The Checkmarx report discerned a critical vulnerability as one “that exposes a major security risk with a direct exploit (not needing user involvement)," bgr reported.

"If exploited, the security threat might cause major damage to the application and/or have major impact on the company.”

According to the report, Apple's feigned superiority in security over Android is a myth.

Amit Ashbel, Checkmarx's product marketing manager, said 40% of the iOS vulnerabilities were serious. This compared to 36% of Android vulnerabilities.

After testing applications in banking, utilities, retail, gaming and security, even banking apps had flaws in authenticity and leaked data.

“You would expect the financial applications to be a bit more secure, but we’re seeing that more or less they’re all the same," Ashbel was quoted as saying by bgr.

Another online report by csonline said that ApSecLabs, an application security vendor found an average cell phone has nine vulnerabilities. And the most prevalent vulnerability was personal information leaks, accounting for 27% of all detected problems.