Give Apple a chance to fix it.
Thank you for some reasoning.
I always shake my head when people can't be logical and expect a perfect world/company.
Any place humans are involved there will be oversights, mistakes and inconveniences for others.
We evolved because we learned and followed basic steps from our experiences.
When the first person discovered fire and put his/her hand into it they learned it hurts,
so they wouldn't put their hand into it any more and find other ways to use it .
Apple will analyze every shortcoming of iOS 10 and fix it. They have always fixed their OS
to make probably 99.9% of users happy.
Sometimes it takes time, sometimes they can do it fast. (Never fast enough MR doomsayers)
That is how we evolved to the robust OS of today.
I expect security issues with EVERY system PC or Mac all the time.
You can set your watch for the first major issue with macOS Sierra.
About the only thing I would criticize about OS security is how long it took Apple to join the bounty idea and how they still are too cheap with it.
As for this issue: Make sure nobody gets your computer or phone, set filevault and you have nothing to worry about.
Plan B: Don't put anything sensitive or important to you into the cloud.
Two men can keep a secret , if one is dead!