A new video The Veritasium YouTube channel shows how a certain flaw could allow someone to steal $10,000 from a locked iPhone — though you probably don’t need to worry.
Veritasium video highlights specific security vulnerabilities exposed for the first time in 2021
Apple continues to push new security updates for the iPhone all the time, and Document them publicly here.
But a new video from Veritasium shows how a very specific vulnerability has persisted since 2021, and has gone unnoticed until today.
Professors Ioana Bureanu and Tom Chothia discovered that a locked iPhone could be tricked into making NFC payments. It just requires a few unique hacks.
This method involves tricking the iPhone into thinking that the payment terminal is actually a mass transit terminal using Apple’s ‘Express Transit’ feature. The video explains how this method overcomes some of Apple’s other security measures to extract $10,000 from an iPhone.
you can watch full video More details below:
The vulnerability only works if the Visa card is set as the iPhone’s ‘Express Transit’ option in Settings. This does not apply to Mastercard or other vendors.
Apple told Veritasium that the issue stemmed from a concern on Visa’s part.
Meanwhile, Visa said its cardholders are protected by a zero liability promise that will cover any potential losses if the vulnerability is successfully exploited. However, it called the vulnerability “very unlikely” to exist in real-world settings, despite it being possible within a highly controlled setup.
What are your conclusions from the video? Let us know in the comments.
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