Trust Wallet Issues Warning About iMessage Zero Day Threat Meta

Trust Wallet Issues Warning About iMessage Zero Day Threat

2024-04-16 by Ndaman Olayinka 5 minutes read
Trust Wallet Issues Warning About iMessage Zero Day Threat

Binance-backed Trust Wallet claims to have cited “credible intel” of a zero-day exploit that could allow hackers to take control of Apple users’ phones and urged them to disable iMessage.

Eowyn Chen, CEO of Trust Wallet, posted a screenshot showing a threat that Intel is detecting an iOS iMessage zero-day exploit for sale on the Dark Web. According to her, "it is a zero-click exploit to take over control of the phone via iMessages. Its asking price is $2 million. This would make sense for very high-value individual targets, as the more the zero-day is used, the more likely it is caught in the wild by researchers."

1/2: ⚠️ Alert for iOS users: We have credible intel regarding a high-risk zero-day exploit targeting iMessage on the Dark Web.

This can infiltrate your iPhone without clicking any link. High-value targets are likely. Each use raises detection risk. #CyberSecurity

— Trust Wallet (@TrustWallet) April 15, 2024">

The cryptocurrency wallet provider Trust Wallet posted on X with the caption "Alert for iOS users: We have credible information regarding a high-risk zero-day exploit targeting iMessage on the Dark Web. This can infiltrate your iPhone without clicking a link. High-value targets are likely. Each use raises the detection risk.

In simpler terms, "zero-day" is a severe security threat used to describe discovered security vulnerabilities that make it possible for hackers to attack systems. Examples of zero-day cyber attacks include mobile browsers and email attachments such as Word, Excel, PDF, or Flash that exploit vulnerabilities in the application.

The firm stressed that the risk is not only applicable to TrustWallet users but to all crypto users worldwide, and it recommended steps to guard against these threats until Apple issues a security patch.

Trust Wallet further explained for the community on how TrustWallet received the intel by constantly monitoring multiple avenues for any and all security threats to our users, alongside security partners and researchers. According to the intel, the hacker who claims to have the ability to exploit the iMessage zero-day vulnerability is requesting $2 million on the dark web.

The cryptocurrency trading platform further stated that it holds $600 million in user assets, and with security being paramount, it will actively communicate any potential threats and risks to the community either directly on social media or via our in-app security measures, such as their security scanner.

The most lucrative targets for security threats are high-net-worth individuals, and the potential zero-day exploit possible through iMessage is not exclusive only to Trust Wallet users but a potential risk for anyone using iOS with iMessage turned on.

The firm concluded that there is no vendetta against the blue box, as most users have speculated online. Trust your wallet and love iMessage as much as the next person, but we are more concerned about your security. To the iOS users who have turned off their iMessage to mitigate any potential risks, you'll have to send the OG green box SMS messages to each other for the time being.

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