Security

A crypto wallet maker’s warning about an iMessage bug sounds like a false alarm

Comment

Image Credits: TechCrunch/Bryce Durbin

A crypto wallet maker claimed this week that hackers may be targeting people with an iMessage “zero-day” exploit — but all signs point to an exaggerated threat, if not a downright scam.

Trust Wallet’s official X (previously Twitter) account wrote that “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.”

The wallet maker recommended iPhone users to turn off iMessage completely “until Apple patches this,” even though no evidence shows that “this” exists at all.

The tweet went viral, and has been viewed over 3.6 million times as of our publication. Because of the attention the post received, Trust Wallet, which is owned by crypto exchange Binance, hours later wrote a follow-up post. The wallet maker doubled down on its decision to go public, saying that it “actively communicates any potential threats and risks to the community.”

When reached by email, Trust Wallet’s John Broadley declined to provide TechCrunch with evidence of the company’s claim. Trust Wallet Chief Information Security Officer Eve Lam reiterated the company’s advice to users, also without providing evidence for the claim that there’s an imminent threat.

Apple spokesperson Scott Radcliffe declined to comment when reached Tuesday.

As it turns out, according to Trust Wallet’s CEO Eowyn Chen, the “intel” is an advertisement on a dark web site called CodeBreach Lab, where someone is offering said alleged exploit for $2 million in bitcoin cryptocurrency. The advert titled “iMessage Exploit” claims the vulnerability is a remote code execution (or RCE) exploit that requires no interaction from the target — commonly known as “zero-click” exploit — and works on the latest version of iOS. Some bugs are called zero-days because the vendor has no time, or zero days, to fix the vulnerability. In this case, there is no evidence of an exploit to begin with.

A screenshot of the dark web ad claiming to sell an alleged iMessage exploit. Image Credits: TechCrunch
A screenshot of the dark web ad claiming to sell an alleged iMessage exploit. Image Credits: TechCrunch

RCEs are some of the most powerful exploits because they allow hackers to remotely take control of their target devices over the internet. An exploit like an RCE coupled with a zero-click capability is incredibly valuable because those attacks can be conducted invisibly without the device owner knowing. In fact, a company that acquires and resells zero-days is currently offering between $3 to $5 million for that kind of zero-click zero-day, which is also a sign of how hard it is to find and develop these types of exploits.

Contact Us

Do you have any information about actual zero-days? Or about spyware providers? From a non-work device, you can contact Lorenzo Franceschi-Bicchierai securely on Signal at +1 917 257 1382, or via Telegram, Keybase and Wire @lorenzofb, or email. You also can contact TechCrunch via SecureDrop.

Given the circumstances of how and where this zero-day is being sold, it’s very likely that it is all just a scam, and that Trust Wallet fell for it, spreading what people in the cybersecurity industry would call FUD, or “fear uncertainty and doubt.”

Zero-days do exist, and have been used by government hacking units for years. But in reality, you probably don’t need to turn off iMessage unless you are a high-risk user, such as a journalist or dissident under an oppressive government, for example.

It’s better advice to suggest people turn on Lockdown Mode, a special mode that disables certain Apple device features and functionalities with the goal of reducing the avenues hackers can use to attack iPhones and Macs.

According to Apple, there is no evidence anyone has successfully hacked someone’s Apple device while using Lockdown Mode. Several cybersecurity experts like Runa Sandvik and the researchers who work at Citizen Lab, who have investigated dozens of cases of iPhone hacks, recommend using Lockdown Mode.

For its part, CodeBreach Lab appears to be a new website with no track record. When we checked, a search on Google returned only seven results, one of which is a post on a well-known hacking forum asking if anyone had previously heard of CodeBreach Lab.

On its homepage — with typos — CodeBreach Lab claims to offer several types of exploits other than for iMessage, but provides no further evidence.

The owners describe CodeBreach Lab as “the nexus of cyber disruption.” But it would probably be more fitting to call it the nexus of braggadocio and naivety.

TechCrunch could not reach CodeBreach Lab for comment because there is no way to contact the alleged company. When we attempted to buy the alleged exploit — because why not — the website asked for the buyer’s name, email address, and then to send $2 million in bitcoin to a specific wallet address on the public blockchain. When we checked, nobody has so far.

In other words, if someone wants this alleged zero-day, they have to send $2 million to a wallet that, at this point, there is no way to know who it belongs to, nor — again — any way to contact.

And there is a very good chance that it will remain that way.

UPDATE, Apr. 17, 8:35 a.m. ET: This story was updated with comments from Trust Wallet.

More TechCrunch

Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at…

Bethesda Game Studios employees form a ‘wall-to-wall’ union

This week saw one of the most widespread IT disruptions in recent years linked to a faulty software update from popular cybersecurity firm CrowdStrike. Businesses across the world reported IT…

CrowdStrike’s update fail causes global outages and travel chaos

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and…

Unpacking how Alphabet’s rumored Wiz acquisition could affect VC

Around 8.5 million devices — less than 1 percent Windows machines globally — were affected by the recent CrowdStrike outage, according to a Microsoft blog post by David Weston, the…

Microsoft says 8.5M Windows devices were affected by CrowdStrike outage

Featured Article

Some Black startup founders feel betrayed by Ben Horowitz’s support for Trump

Trump is an advocate for a number of policies that could be harmful to people of color.

Some Black startup founders feel betrayed by Ben Horowitz’s support for Trump

Featured Article

Strava’s next chapter: New CEO talks AI, inclusivity, and why ‘dark mode’ took so long

TechCrunch sat down with Strava’s new CEO in London for a wide-ranging interview, delving into what the company is prioritizing, and what we can expect in the future as the company embarks on its “next chapter.”

Strava’s next chapter: New CEO talks AI, inclusivity, and why ‘dark mode’ took so long

Featured Article

Lavish parties and moral dilemmas: 4 days with Silicon Valley’s MAGA elite at the RNC

All week at the RNC, I saw an event defined by Silicon Valley. But I also saw the tech elite experience flashes of discordance.

Lavish parties and moral dilemmas: 4 days with Silicon Valley’s MAGA elite at the RNC

Featured Article

Tracking the EV battery factory construction boom across North America

A wave of automakers and battery makers — foreign and domestic — have pledged to produce North American–made batteries before 2030.

Tracking the EV battery factory construction boom across North America

Featured Article

Faulty CrowdStrike update causes major global IT outage, taking out banks, airlines and businesses globally

Security giant CrowdStrike said the outage was not caused by a cyberattack, as businesses anticipate widespread disruption.

Faulty CrowdStrike update causes major global IT outage, taking out banks, airlines and businesses globally

CISA confirmed the CrowdStrike outage was not caused by a cyberattack, but urged caution as malicious hackers exploit the situation.

US cyber agency CISA says malicious hackers are ‘taking advantage’ of CrowdStrike outage

The global outage is a perfect reminder how much of the world relies on technological infrastructure.

These startups are trying to prevent another CrowdStrike-like outage, according to VCs

The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United Airlines, American Airlines and Delta Air…

CrowdStrike outage: How your plane, train and automobile travel may be affected

Prior to the ban, Trump’s team used his channel to broadcast some of his campaigns. With the ban now lifted, his channel can resume doing so.

Twitch reinstates Trump’s account ahead of the 2024 presidential election

This week, Google is in discussions to pay $23 billion for cloud security startup Wiz, SoftBank acquires Graphcore, and more.

M&A activity heats up with Wiz, Graphcore, etc.

CrowdStrike competes with a number of vendors, including SentinelOne and Palo Alto Networks but also Microsoft, Trellix, Trend Micro and Sophos, in the endpoint security market.

CrowdStrike’s rivals stand to benefit from its update fail debacle

The IT outage may have an unexpected effect on the climate: clearer skies and maybe lower temperatures this evening

CrowdStrike chaos leads to grounded aircraft — and maybe an unusual weather effect

There’s a man in Florida right now who wants to propose to his girlfriend while they’re on a beach vacation. He couldn’t get the engagement ring before he flew down…

The CrowdStrike outage is a plot point in a rom-com 

Here’s everything you need to know so far about the global outages caused by CrowdStrike’s buggy software update.

What we know about CrowdStrike’s update fail that’s causing global outages and travel chaos

This serves as an example for how easy it is to spread inaccurate information online during a time of immense global confusion and panic.

From the Sphere to false cyberattack claims, misinformation runs rampant amid CrowdStrike outage

Today is the final chance to save up to $800 on TechCrunch Disrupt 2024 tickets. Disrupt Deal Days event will end tonight at 11:59 p.m. PT. Don’t miss out on…

Last chance today: Secure major savings for TechCrunch Disrupt 2024!

Indian fintech Paytm’s struggles won’t seem to end. The company on Friday reported that its revenue declined by 36% and its loss more than doubled in the first quarter as…

Paytm loss widens and revenue shrinks as it grapples with regulatory clampdown

J. Michael Cline, the co-founder of Fandango and multiple other startups over his multi-decade career, died after falling from a Manhattan hotel, New York’s Deputy Commissioner of Public Information tells…

Fandango founder dies in fall from Manhattan skyscraper

Venture capital giant a16z fixed a security vulnerability in one of the firm’s websites after being warned by a security researcher.

Researcher finds flaw in a16z website that exposed some company data

Apple on Thursday announced its upcoming lineup of immersive video content for the Vision Pro. The list includes behind-the-scenes footage of the 2024 NBA All-Star Weekend, an immersive performance by…

Apple Vision Pro debuts immersive content featuring NBA players, The Weeknd and more

Biden centering Musk in his campaign is a notable escalation, considering he spent most of his presidency seemingly pretending the billionaire didn’t exist.

Elon Musk is now a villain in Joe Biden’s presidential campaign

Waymo would need a ground transportation permit to operate at SFO, which has yet to be approved.

Waymo wants to bring robotaxis to SFO, emails show

When Tade Oyerinde first set out to fundraise for his startup, Campus, a fully accredited online community college, it was incredibly difficult. VCs have backed for-profit education companies in the…

Why it made sense for an online community college to raise venture capital

Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder was sentenced for fraud earlier this year, according to documents viewed by TechCrunch.…

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

Meta has suspended the use of its AI assistant after Brazil’s National Data Protection Authority (ANPD) banned the company from training its AI models on personal data from Brazilians. The…

Meta puts a halt to training its generative AI tools in Brazil 

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code…

ChatGPT: Everything you need to know about the AI-powered chatbot