Sources: CCC [press release], Is Touch ID Hacked Yet [YES!], YouTube [CCC]
quote: Yes there is, a long un-guessable encrypted password. Sure, you *could* break it maybe, but it would take years. iTouch is defeated in a manner of hours.
quote: Assuming you can enter a 4 digit key code in about 6 seconds it would take a human less than 24 hours to get into.