Maybe for a casual reader, but nothing is misleading about the headline unless you don’t understand how Apple’s Secure Enclave Processor (SEP) works.
For more on that, as mentioned in the linked page, there’s the “Demystifying the Secure Enclave Processor” talk from Blackhat:
https://www.youtube.com/watch?v=7UNeUT_sRos
Or here’s the PDF:
https://www.blackhat.com/docs/us-16/materials/us-16-Mandt-De...