A few choice quotes:

"All iPhone applications run with full root privileges and any application 
vulnerability
means winner takes all." 

"The iPhone has been turned into a "pocket-sized ... network-enabled root 
shell." 

"Moore revealed multiple security chasms on Apple's device: The first and most 
shocking is
that each and every process running on the iPhone ... [runs] with full root 
privileges.
What that means: A security vulnerability in any iPhone application can lead to 
complete
system takeover." 

"A rootkit takes on a whole new meaning when the attacker has access to the 
camera,
microphone, contact list and phone hardware. Couple this with 'always-on' 
Internet access
over EDGE and you have a perfect spying device," 

"The shellcode combined with the number of bugs present in the iPhone finally 
make mobile
attacks a real threat," wrote Errata Chief Technology Officer David Maynor in a 
blog
posting. 

http://www.eweek.com/article2/0,1895,2191471,00.asp

http://blog.metasploit.com/2007/09/root-shell-in-my-pocket-and-maybe-yours.html


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