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Critical Vulnerability Leaves Apple Devices Exposed to Crypto Hacks

2 mins
Updated by Ali Martinez
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In Brief

  • Due to the security weakness, bad actors can “do almost anything,” with your Apple devices.
  • Apple users are asked to urgently update to iOS 16.4.1 and macOS 13.3.1
  • Crypto phishing attacks grew 40% in 2022.
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Apple has pushed out an urgent software update to users of iOS and macOS after discovering a vulnerability that could target holders of cryptocurrencies.

According to Kaspersky, Apple has released urgent updates due to vulnerabilities in iOS and macOS devices. The security firm urges Apple users to update devices to iOS 16.4.1 and macOS 13.3.1. Due to security weaknesses, bad actors can “do almost anything,” even steal crypto from their targeted devices.

How Are Apple Devices Vulnerable to Crypto Hacks?

Apple recognized two security threats, CVE-2023-28205 and CVE-2023-28206, a combination of which can allow exploiters to conduct zero-click exploits.

This is an attack where victims are taken to phishing websites, and malware is automatically installed inside their devices without interacting with the page.

After installing malware, attackers can control the device and run codes without the need for the operating system’s core permissions. They might even access cryptocurrency wallets present on users’ devices.

Rising Crypto Phishing Attacks

Phishing attacks are gradually becoming a favorite mode of cryptocurrency hackers to steal users’ funds. According to a Kaspersky report, cryptocurrency phishing grew by 40%, from 3,596,437 in 2021 to 5,040,520 detections in 2022. 

Generally, phishing websites slightly differ in spelling, which is hard to spot for unaware users. They trick victims into connecting wallets and then drain out the assets, including crypto tokens and non-fungible tokens (NFTs).

Certain bad actors also run Google Ads to display their phishing websites on the top of the search page. BeInCrypto reported that Google showed a fake CoinMarketCap link above the original website in October.

Google showed phishing website of CoinMarketCap
Source: BeInCrypto article

Moreover, according to a survey of 2,000 Americans, one-third of respondents have been victims of crypto theft.

Hence, users should take security measures such as diversifying funds in different wallets and securely storing private keys. On top of that, users should thoroughly evaluate the authenticity before clicking on a link.

Got something to say about Apple devices’ vulnerability or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or Twitter.

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

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Harsh Notariya
Harsh Notariya is a journalist at BeInCrypto, who writes about various topics, including decentralized physical infrastructure networks (DePIN), tokenization, crypto airdrops, decentralized finance (DeFi), meme coins, and altcoins. Before joining BeInCrypto, he was a community consultant at Totality Corp, specializing in the metaverse and non-fungible tokens (NFTs). Additionally, Harsh was a blockchain content writer and researcher at Financial Funda, where he created educational reports on...
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