'The 'John McAfee Privacy Phone' is set to be released later this year for $1,100
Will have switches on the back to disable components susceptible to hacks
Users can turn off antennas for Wi-Fi, Bluetooth and geolocation and disable the the camera and microphone

Nearly half of US adult smartphone owners fall victim to cyberthieves each year – but the notorious founder of the world's largest security technology firm believes he has a solution.

John McAfee has unveiled plans to develop what he calls 'the world's first truly private smartphone', which is said to be 'hack-proof'.