The trick here was that Siri was asking for an HTTPS connection to a named server, and you can't MitM that without having a signed cert for that server. So they added a new CA to their local (jailbroken) iPhone platform data and signed a cert for the Siri server.
There is no bug. This is what SSL will do, when you install additional certificates.
(Oh, and it's a fun way to find new web services to play with.) :-)
edit (because I can't reply): It does show a big warning and you have to enter the device unlock code to do this, so it should be reasonably safe.
On the other hand, I'm pretty sure Siri doesn't have to communicate with your company's internal servers (and my paranoia already suggests a malicious IT department, reckless — and probably illegal — as that would be), so the code should, in my opinion, accept only specific CAs.