iOS Vulnerability Exposes iPhone Users’ Passwords and Credit Cards

Apple has silently patched a security vulnerability in iOS 10.3 that would have allowed hackers to access information in the iCloud Keychain, including users’ passwords and credit cards.

Security firm Longterm Security provides an in-depth look at the security bug, explaining that the vulnerability was discovered in the iCloud Keychain Sync’s custom Off-The-Record (OTR) system. iCloud Keychan is a feature that allows Apple users to have their private information synced across multiple devices, including but not limited to passwords and credit cards.

Longterm Security co-founder Alex Radocea explained that Apple’s system uses key verifications to transfer data from one device to another securely, but using a man-in-the-middle attack, hackers could have been able to bypass the process and intercept traffic … (read more)

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