SpuriousLogic writes "The annual Pwn2Own contest at CanSecWest is underway, and on the first day Web browsers fell to attack. Internet Explorer 8 and Firefox 3.6.2 on 64-bit Windows 7 and Safari on OS X all were forced to run exploit code. To add insult to injury, an iPhone was cracked and the SMS database lifted from it."
Updated 22:40 GMT by timothy:
CWmike adds this interesting bit: "The only researcher to three-peat at the Pwn2Own hacking contest said on Thursday that security is such a 'broken record' that he won't hand over 20 vulnerabilities he's found in Apple's, Adobe's and Microsoft's software. Instead Charlie Miller will show the vendors how to find the bugs themselves."