Gizmodo does one of the better summaries. If you have an Apple anything you need to read it.
Why Apple's Recent Security Flaw Is So Scary (http://gizmodo.com/why-apples-huge-security-flaw-is-so-scary-1529041062)
QuoteMatthew Green, a Johns Hopkins cryptography professor, also explained to Reuters that it was "as bad as you could imagine, that's all I can say."
Wow, thanks for the heads up TL devices updated
...and another flaw. This time it's just a covert keylogger.....
http://arstechnica.com/security/2014/02/new-ios-flaw-makes-devices-susceptible-to-covert-keylogging-researchers-say/