IPhone Attack Reveals Passwords in Six Minutes
pcworld.com
pcworld.com
The PDF remote exploit that forced Apple to release iOS 4.0.2 was a news.
At least - that is what I as a user would want and expect. And from a technical point of view, that situation can be achieved with modern crypto. Clearly, the way Apple implemented it is not sufficient in this regard. That is the news.
If you get the file you can't read it unless you have the password. The "attackers" do load the code in the phone and then they got the entries using the system API which is very (very) different from having only the file and/or only a not jailbroken phone.
I repeat, !news.
No votes, no comments, no attention, no traction.
The same goes for laptops, and has been true forever. Physical possession = no security applies. Not news, exactly.