The new version will allow users to opt out of the "Find Friends" feature that was the cause of the breach. The company also says it will block all future attempts to abuse the service or its features.
Over a week after the hack, the company has finally apologized, as well.
Reads the company's blog post:
This morning we released a Snapchat update for Android and iOS that improves Find Friends functionality and allows Snapchatters to opt-out of linking their phone number with their username. This option is available in Settings > Mobile #.
This update also requires new Snapchatters to verify their phone number before using the Find Friends service.
Our team continues to make improvements to the Snapchat service to prevent future attempts to abuse our API. We are sorry for any problems this issue may have caused you and we really appreciate your patience and support.
Written by: Andre Yoskowitz @ 9 Jan 2014 21:32