iPhone Jailbreak Modified Into CC Sniffing Malware

chicksdaddy writes "In a presentation at the ToorCon Hacking Conference in San Diego on Saturday, Eric Monti, a Senior Researcher at Trustwave's Spider Labs, demonstrated how to turn the popular JailbreakMe Tool for iPhones and iPads into stealthy rootkit-style malware that can monitor voice and video activity or intercept sensitive data, such as credit card magnetic stripe data from an iPhone-based transaction."