If you have an Apple device at home, you will surely need to be well aware of what this article has to say. You need to grab either the iOS 16.4.1 or the macOS 13.3.1 update in order to stay safe from a new vulnerability that could make you largely exposed to crypto hacks, according to Be in Crypto.

The idea is simple: if you have an iPhone or a MacBook at home that’s not updated, you can easily become the victim of a crypto hack. Cyber attackers could even do pretty much anything they want with your Apple device if they get access through the hack.

Apple discovered the vulnerability and provides a solution

Gladly, the Cupertino-based tech giant Apple has found out about the critical vulnerability that could make its users exposed to crypto hacks. Apple has even provided the solution that’s mentioned above: users need to grab the latest update for either their iPhone or MacBook ASAP.

Two high-level threats, CVE-2023-28205 and CVE-2023-28206, were found, with the first involving WebKit engine and the second in IOSurfaceAccelerator object. If attackers exploit these vulnerabilities, they will be able to to execute arbitrary code on the infected device and escape from its sandbox. This could allow them to gain access to everything on the infected device.

Crypto hacks refer to incidents in which hackers gain unauthorized access to a cryptocurrency exchange, wallet, or even other digital asset platform. The goal is obviously to steal the funds stored within. Cryptocurrencies are digital assets that use encryption methods in order to regulate the generation of new units and verify the fund transfer. They operate on decentralized networks, which means that they are not backed by a government or other centralized authority.

Crypto hacks can occur through a variety of methods – exploiting vulnerabilities in the software, phishing attacks, social engineering, or even insider threats.