[_verandaguy]

Physical access is often considered total access in the infosec community.

It implies the ability to, with enough prep time ahead of the actual physical access, inject malware through a physical interface (USB flash drive, rogue peripheral/HID, directly interfacing with an existing HID device), among others.

Edit: and in this case it includes planting cameras and other recording devices which can be assumed to have effectively limitless video/audio resolution.

[Uberphallus]

It implies using your laptop in public, or typing in a keypad. And keypads tend to be used to separate public and private areas (and even worse, people leave the scene immediately after using it, making the attack even more inconspicuous).