Steps of Hacking: (This article is for educational purposes only, CoolesTech.com and/or any of it’s author are not responsible for any consequences)
1) Lock a password protected iPad 2
2) Hold down power button until iPad 2 reaches turn off slider
3) Close Smart Cover
4) Open Smart Cover
5) Click cancel on the bottom of the screen
What the flaw allows:
As you can see in our video above, a Smart Cover can essentially unlock an iPad 2. The person who unlocks your iPad 2 will not have complete access to your iPad, but will be able to gain entrance to whatever you locked your iPad 2 on. If your iPad 2 went to sleep in Mail, Safari, Messages, Contacts, or Maps, you can imagine the sorts of personal information that can be viewed on your iPad. If you left your iPad 2 on its Home screen, the person can view which applications you have on your device, control media from the multitasking bar, but not much else.
Temporary solution is after the break:We have discovered that you can temporarily fix this bug by disabling Smart Cover unlocking in the iPad 2 settings menu under the General tab.
We hope Apple moves to fix this bug as soon as possible.
(via apfeltalk.de forums, thanks, @NiceHabbo)
Trackback from your site.