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Another iPhone worm, Botnet style - CNET News

The worm "uses command-and-control, like a traditional PC botnet," Sophos wrote in a blog post on Saturday to warn users about the exploit. "It configures two startup scripts, one to execute the worm on boot-up, and the other to create a connection to a Lithuanian server to upload stolen data and cede control to the bot master.

Ouch. Jailbroken iPhones & iPod Touches get a botnet-style worm that uploads user's data, while at it. DO change that root password of jailbroken devices!