Crypto wallet provider Trust Wallet has issued a warning to Apple users, urging them to disable iMessage due to a “credible intel” of a zero-day exploit discovered on the Dark Web. The exploit could potentially allow hackers to gain control of users’ iPhones without the need for clicking any links.
A zero-day exploit is a serious cyberattack vector that takes advantage of undisclosed vulnerabilities in software, hardware, or firmware. Trust Wallet emphasized that this exploit poses a significant threat to high-value account holders, highlighting the seriousness of the situation.
According to Trust Wallet, all crypto wallets stored on iPhones with iMessage enabled are vulnerable to this exploit, emphasizing the need for immediate action to mitigate the risk.
While Trust Wallet CEO Eowyn Chen shared a screenshot allegedly depicting the zero-day exploit being sold for $2 million, skepticism arose within the industry. Some questioned the credibility of the information, prompting Trust Wallet to clarify that the intel was sourced from its security team and partners who actively monitor potential threats.
The alert from Trust Wallet has garnered significant attention, with over 1.2 million users viewing the warning within the first four hours. However, there are concerns that such alerts could induce panic, leading to potential harm.
Apple has recently released emergency security updates to address two iOS zero-day vulnerabilities exploited in attacks on iPhones. iMessage has been identified as a potential attack vector for hackers in the past, highlighting the need for vigilance among users.
According to cybersecurity firm Halborn, over 280 blockchain networks are susceptible to zero-day exploits, posing a risk to at least $25 billion worth of cryptocurrency. This underscores the ongoing challenges in maintaining security within the crypto ecosystem.
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