>Looks like some one has made an iPhone exploit that allows a malicious
>program to be run on the iPhone.  It sucks that they use it as a
>virus, it would be great for running 3rd Party Apps. (if true)
>
>http://www.securityevaluators.com/iphone/

Just spent a lot of time looking at this. It breaks down into three 
exploits, which are really just standard risks of computing:

* Unreliable WiFi access. (Solution: only connect to trusted networks 
when you're physically at the right place)
* Possible phishing links. (Don't click on email links from people 
you don't trust)
* Possible Win/Mac/iPHone Safari vulnerabilities for uploading your 
data. (Pretty unlikely, wait for patch, don't visit Websites that are 
iffy.)

-- Erica

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