Trust Wallet is advising Apple users to disable iMessage immediately due to a zero-day exploit that hackers could use to take over users' phones. The exploit could compromise iPhone users' security without clicking any links, especially impacting high-value account holders. A zero-day exploit is a type of cyberattack that targets vulnerabilities in software, hardware, or firmware that have not been addressed.
Trust Wallet emphasized that all crypto wallets stored on iPhones with iMessage enabled are vulnerable to this exploit. The CEO of the company, Eowyn Chen, shared a screenshot showing an alleged price of $2 million for the exploit. However, some industry experts raised doubts about the seriousness of the threat, highlighting the potential for panic-inducing alerts.
Trust Wallet's warning reached over 1.2 million users within the first four hours. The company defended its information source, stating it came from their security team and partners who monitor threats regularly.
Apple has yet to respond to inquiries regarding the exploit. The company recently released security updates to address two zero-day vulnerabilities exploited in attacks on iPhones. iMessage has been used as an attack vector by hackers previously. According to cybersecurity firm Halborn, over 280 blockchain networks are at risk of zero-day exploits, which could put approximately $25 billion in cryptocurrency at risk.
For more information, refer to the related article on WinRAR patching a zero-day bug that targeted cryptocurrency traders.