iOS update thwarts huge threat to mobile security

Apple has issued a fix that you need to install right away if you’re an iPhone user.

Encrypted messages are one of the best ways to keep personal or sensitive data private. That’s why spyware that was able to intercept these protected messages was able to fetch a big price on the black market – around $8 million for 300 licenses, according to security company Lookout.

The malware is highly targeted at that price. Only users who are specifically targeted are likely to be infected.

The way it works is a text message that’s opened by the user brings them to an infected web page where the malware is downloaded. From there, their devices are monitored and information can be intercepted from text messages, Gmail, and other applications. It even updates itself in order to make sure the connection isn’t lost with these apps.

Apple updates

Apple has since made updates available that prevent this spyware from infecting iPhone users.

Even if you’re not the type to have shadowy government organizations keeping tabs on your every movement, downloading the latest version of iOS is a must.

While this malware has been around for a good long time, it’s only a matter of time before hackers find a cheaper and easier way to exploit the same flaws at a fraction of the cost.