[googlevideo=http://video.google.com/videoplay?docid=713763707060529304]
As promised in their yellowsnow demo, [pytey], [MuscleNerd], and [planetbeing] from the iphone-dev team presented at 25C3 on their work Hacking the iPhone. The team originally formed in 2007 and this is the most comprehensive presentation on how the iPhone was compromised to date. You can find the full talk embedded above.
