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Just-In: Critical Vulnerabilities in iOS and macOS Risks Crypto Assets Loss

Kaspersky discovered critical vulnerabilities in Apple's iOS and macOS operating systems that can compromise security of crypto assets.
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Just-In: 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.

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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.

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

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Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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