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Apple Devices Kaspersky update

Crypto Holders Using Apple Devices Must Update Their Operating Systems

Dalmas Ngetich
by Dalmas Ngetich
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Kaspersky, a cybersecurity and anti-virus provider, has identified flaws in Apple’s operating systems that they describe as “very serious.” They are now advising gadget owners, including crypto holders, to update their devices and stay secure from hacks that exploit vulnerabilities in outdated systems and networks.

The Flaw On Apple Smartphones And Computers

The cybersecurity firm recommends users update their phones’ operating systems to iOS 16.4.1. Meanwhile, computer users should upgrade their operating systems to macOS 13.3.1. Considering the seriousness of the security hole picked out, Apple has also released updates for older operating systems. 

Related Reading: Bitrue Exchange Hacked, Resulting In $23 Million Worth of Crypto Stolen

Kaspersky noted that two vulnerabilities had been picked out. The first one, dubbed CVE-2023-28205, affects the WebKit engine, which powers the Safari browser; the default surfing interface in Apple devices.

Through this flaw, a hacker or a malicious agent can execute arbitrary code on a device whenever the user browses an infected page. The second hole affected the IOSurfaceAccelerator object. An attacker can execute code using the operating system’s core permissions through this hole. 

It should be noted that the two can also enable the other. For instance, the attacker can first infect the device through the WebKit Engine flaw before executing code via the device’s software core permissions. Since the attacker has core permissions, they can virtually do anything on the infected device. 

It is made worse because, considering Apple’s system, the WebKit Engine is the only permitted browser engine in Apple’s smartphones. As such, regardless of any other browser a user may choose, like Chrome or Firefox, the WebKit Engine is used for rendering pages. This means even a page opened directly from an application within the phone can still be affected since the browser engine will still be required.

Crypto Phishing Attacks

The severity of this flaw is especially a concern for cryptocurrency users. The digital nature of crypto assets and the general nascence of the underlying blockchain technology mean users have to be cautious to protect their assets. 

A recent Kaspersky report reveals that crypto phishing attacks rose 40% in 2022. By exploiting unpatched errors, a nefarious agent can successfully execute phishing attacks by creating fake wallets and websites that may trick users into submitting their private keys and other critical information.

Related Reading: Crypto Ransomware Payments See Potential Ban In Australia Following Latitude Financial Hack

This month, a crypto holder lost $50,000 worth of cryptocurrencies after a hacker exploited a vulnerability on his Samsung Galaxy smartphone and accessed LastPass, a password management tool. Two of his wallets were compromised, and his tokens were converted to Bitcoin before being transferred.

Crypto total market cap on TradingView.com (Apple)

Total market cap drops below $1.2 trillion | Source: Crypto Total Market Cap on TradingView.com
Feature Image From Canva, Chart From TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Dalmas Ngetich

Dalmas Ngetich

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Dalmas is an experienced journalist with over a decade in Forex, general finance, technology, and blockchain developments. He is currently a crypto reporter for Bitcoinist, where he covers DeFi, blockchain, DeFi, and latest industry news. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, CoinTelegraph, and Entrepreneur, among others. He is passionate about technology and politics and is always on the lookout for the latest trends in these fields. He also loves spending time with his family and friends, exploring nature, and traveling to new places. Connect on X: @Dalmas_Ngetich, or message him directly on Telegram here: @Dalmas_Ngetich.

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