It only took a week:
On Friday, Vietnamese security firm Bkav released a blog post and video showing that -- by all appearances -- they'd cracked FaceID with a composite mask of 3-D-printed plastic, silicone, makeup, and simple paper cutouts, which in combination tricked an iPhone X into unlocking.
The article points out that the hack hasn't been independently confirmed, but I have no doubt it's true.
I don't think this is cause for alarm, though. Authentication will always be a trade-off between security and convenience. FaceID is another biometric option, and a good one. I wouldn't be less likely to use it because of this.
FAQ from the researchers.
from Apple FaceID Hacked
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