Apple Preparing Patch for iPhone PDF Exploit

In a rather rapid turnaround time, indicative of the level of risk posed by the JailbreakMe PDF vulnerability, Apple on Wednesday announced that they have prepared a patch to be released in the next round of iPhone updates – hopefully to be released sooner rather than later.

The security update will likely patch at least two vulnerabilities used by JailbreakMe.com, as well as other flaws that may have been recently disclosed to Apple. This will break the jailbreaking process (and carrier unlocks) for anyone updating to the latest version, depending on whether the guys have any other remote privilege escalation exploits up their sleeves.

[Update 11/8/10] iOS 4.0.2/3.2.2 released.