We have many posts about iOS lockscreen vulnerabilities and the new iOS couldn’t resist of having (at least) one too. If someone steal your iPhone then be sure he will be able to access it and find all your sensitive information. According to Apple they already fixed about 80 vulnerabilities, they could avoid them with the experience they have or by delaying it for few months and have security researches finding those before they release it to the market. Of course timing and profit are everything for Apple and security is second. The security hole is for the normal PIN code or password lock of the screen.
Here is a video that demonstrates how to exploit this flaw and gain access to iPhone. It is tested on iPhone 4S, 5, 5S and 5C. Video has already more than a million views so a million users know how to bypass your lockscreen.