So a well known Mac hacker earlier this month claimed to have found an SMS exploit that would let an attacker take over iPhones with a series a text messages. Details of the flaw will be released Thursday at the Blackhat security convention in Las Vegas.

And not content to panic just the cool kids' table, Windows Mobile is now thrown into the loop. [via neowin]

Miller also claims he has found a bug in Microsoft's Windows Mobile devices that that allows complete remote control of the device. Miller discovered the bug last Monday and it's currently un-patched by Microsoft. It's not clear whether Miller plans to unveil full details of the Windows Mobile bug tomorrow or limited details until Microsoft has been made aware.

So there you have it. We're at FUD Level Orange on this one. Certainly a serious security flaw on an iPhone could be patched relatively quickly, but patching a Windows Mobile device, well, it's not like there's some automagical button that'll suck down updates from the mothership. On the other hand, we're not going to panic before panic's due. Stay tuned.