The first is a URL display flaw in the iPhone's Mail that could allow an attacker to send a message containing a malicious URL that looks legitimate.
"In most mail clients (e.g., on your PC / Mac), you can just hover the link and get a tooltip which will tell you the actual URL that you are about to click," explains Raff in a blog post. "In iPhone it's a bit different. You need to click the link for a few seconds in order to get the tooltip. Now, because the iPhone screen is small, long URLs are automatically cut off in the middle."
It's possible for an attacker to construct a long URL that displays a trusted domain but actually resolves to another domain entirely, he explains. The victim would only see the portion of the domain designed to look familiar and would be more likely to click on the malicious link.
Opening the URL in the iPhone's Safari browser would not help because it, too, only displays a portion of the long URL.
The iPhone Mail application also is vulnerable because of the way it handles images. Specifically, it automatically downloads images in HTML-formatted messages. Most mail clients provide a way to make the downloading of images require user approval. This protects against spammers, who can tell if an e-mail account is active if a spam recipient opens a message and downloads images.
"This one is not just a trivial bug," said Raff. "It's actually a pretty dumb design flaw, which was already fixed by all other mail clients ages ago."