H.D. Moore’s exploit will gain control of a modified iPhone and promises instructions to crack an unmodified phone soon.

H.D. Moore has released instructions on writing a critical exploit that leverages a bug in how Apple’s iPhone handles TIFF image files and, to enable the writing of exploits, has put out a new version of his Weasel debugger that can handle the peculiarities of the phone’s ARM processors.

read it here eweek