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I believe apps are generally sandboxed (protected from the phone's root directory) on both platforms. The risk comes mostly in rooting, which windows phones are not able to do at the moment. On android when a phone is rooted, the user has access and permissions to use the phone's root directory. This is why rooting should be done for specific reasons by those that are knowledgeable of both pros and cons of rooting. If an app with superuser full permissions compromises the phone's security, then there is definitely a problem. I am a windows phone user and I've always felt that windows phone was safer until i used android for myself. Apps have the same types of permissions on both platforms. Microsoft is no stranger to viruses and security issues either (even though I haven't seen viruses on wp.)
Originally Posted by Poltergeist93
Bottom line is that if you install trusted apps on an unrooted device, I don't feel as though one platform is safer than the other.