iPhone Vulnerability allows hackers to fraudulently make contactless payments

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Cybersecurity researchers have found vulnerability on iPhone’s Apple Pay and Visa payments feature that allows hackers to make fraudulent contactless payments without the knowledge of the owner.

A video proving this cyber incident is being circulated on the YouTube from the past 2 days and it claims that the cyber crooks can use simple radio equipment to make a payment in ‘express transit mode’, when in fact it is being paid to a nearby card.

Security experts from the Birmingham and Surrey Universities were the ones who first discovered the flaw and concluded that the flaw was actually a kind of weakness in the Apple pay and Visa Systems when combined and doesn’t affect other combination of payments choices such as MasterCard in iPhones and Visa on Samsung Pay.

Meanwhile, highly placed sources report that some iOS 14 users who are trying to upgrade to iOS 15 are experiencing strange problems like camera bugs, failure to wake up screen, unresponsive screens, slowdown of the mobile operations, freezing of core apps and some issues with Time and date.

Released on Sept 20th, 2021 to all users using iPhone 6 and after models, Apple wanted its device lovers to go through a seamless transition. However, things are going the other way round as almost all iPhone 13 users who are using a brand new device have reported of suffering from issues that do not seem that easy to resolve.

Note- So, all those who are not willing to go for a long wait for their latest iPhone 13, it is better you think twice before booking it online. As the tech giant is facing supply shortage-to the actual demand, as the manufacturing and assembling units in Vietnam are facing labor shortage because of a spike in COVID-19 cases in the said region. So, why buy now and face troubles after upgrading the handset to the recent version of operating system. Better wait for a while until the American Tech giant fixes the issue.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security