According to Samsung, the “exploit uses legitimate Android network functions in an unintended way to intercept unencrypted network connections from/to applications on the mobile device,” and that it isn’t a flaw or bug in KNOX or Android; instead, it’s merely a “Man in the Middle” attack that allows access to unencrypted application data, and that KNOX offers various protections against such attacks.
It all comes down to a lot of technical jargon, which you can go through at the source link, but it seems that KNOX users have nothing to worry about as far as the security of their data is concerned.
http://www.sammobile.com
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