I don't understand why they pick this minimal level of sensationalism. I would have written: "New Android exploit makes worldwide thermonuclear war likely. If this hack were installed on a phone that was carrying the nuclear launch codes, then hackers could access them and launch nuclear missiles at the world's largest cities, including New York, Los Angeles, and Pyongyang. Up to 75% of the world's population could die!"
Did what I could within the character limit. Fair enough title considering that it affects Samsung devices (which make up a large part of the Android install base) and that it gives access to all physical memory.
According to the article, this is only an exploit on phone with a Exynos4 processor and a Samsung Kernel.