"Reached for comment, Apple said it is hard at work on a fix. “Apple takes user security very seriously” spokeswoman Trudy Muller told AllThingsD. “We are aware of this issue, and will deliver a fix in a future software update.”"Apple is working developing a fix for the by pass bug (which has happened before with iOS 4.1) as well as the bug with recurring meeting invitations sent from users of Microsoft's Exchange Server.
[Via AllThingsD.com...]