Don't take this as me coming down on you, because I'm not, but...
1). It wasn't an iPad security breach, it was AT&T's website that was breached... not the iPad, nor Apple.
2). It's Gawker Media. Right now, "biased" is probably the nicest way to describe them.
One of the funniest parts of the whole story is the lead image...
No, not because of the tired maxi pad tie-in... but because, again, it was AT&T's website that was hacked.
Edit: Putting that aside, this could get interesting. Sure, for everyone in the know, Gawker has all the credibility of The National Enquirer... but now that they have an axe to grind against Apple, and are obviously firing up their grinders, how does this whole thing play out? When was the last time something like this happened? I mean, besides Bicycle Bruce and the Flames...