Critical Vulnerabilities in iOS and macOS Risks Crypto Assets Loss

Cybersecurity expert Kaspersky on Tuesday said critical vulnerabilities are discovered in Apple’s iOS and macOS operating systems. The security holes include a flaw that allows attackers to gain access to user details and root privileges on iOS, which may compromise the security of crypto assets.

In order to protect from such incidents, users must update their iOS devices to version 16.4.1 and Mac to macOS 13.3.1.

Serious Vulnerabilities Risking Security of Crypto Assets

Kaspersky took to Twitter to inform that serious vulnerabilities are discovered in iOS and macOS. The vulnerabilities include allowing attackers to gain access to user info by intercepting internet traffic and a bug that allows malware to evade Apple’s security and gain root access.

Apple has released updates for all range of systems — macOS 11, 12, and 13, iOS/iPadOS 15 and 16, and also tvOS 16. Furthermore, it is important to install all new updates related to the Safari browser, even if one uses different browsers such as Google Chrome or Mozilla Firefox.

With CVE-2023-28205 and CVE-2023-28206 vulnerabilities already discovered, users can update their latest iOS, iPadOS, or tvOS devices to version 16.4.1. Mac users must update to macOS 13.3.1.

Also Read: Goldman Sachs Expands Its Key Service For Crypto Investors and Traders

After the security alert from Kaspersly, blockchain security firm Slow Mist confirmed that the vulnerabilities in iOS and macOS are serious and users must update their iOS and macOS. If the iOS and macOS devices are not updated, the attacker can obtain root access and risk the security of crypto assets.

🚨SlowMist Security Alert🚨

🖥️Please update iOS and macOS now!

There are very serious vulnerabilities in iOS & macOS. The attacker can obtain root privileges, which may endanger the security of user assets. https://t.co/WvqqlauzTr

— SlowMist (@SlowMist_Team) April 18, 2023

Recently, Kaspersky revealed that cryptocurrency phishing attacks have increased by 40% year-on-year in 2022. The company detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021.

Arbitrum was recently exposed to a phishing link hack through its official Discord server. A hacker gained access to the Discord account of one of Arbitrum’s developers and shared a fake announcement with a phishing link before the airdrop started.

Also Read: Coinbase ($COIN) Jumps 2% As CEO Hints Moving Offshore

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his knowledge about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been associated with the blockchain and cryptocurrency industry for a substantial period and is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.