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New worm on jailbroken iPhones aims to steal cash
November 23rd 2009

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An iPhone worm is on the loose in the Netherlands. The malicious code aims to steal your bank login information.

BBC relays an alert from F-Secure on a new botnet worm is reportedly circulating among jailbroken iPhones. The malicious software gains access to your device via SSH, which can happen over Wi-Fi from other contaminated devices.

Once active, the software attempts to steal log-in information while attempting to access ING online banking. The software throws up a fake log-in to the ING Bank site, which an unsuspecting customer may enter their login and password. Information is then sent to someone who it can be assumed is interested in removing some fundage.

Again, the worm only affects iPhones that have been jailbroken and not stock installation. The vulnerability stems from accessing the root account via SSH using the stock password. Presumably if users change the default password after jailbreaking (a good idea) the botnet shouldn't be able to log into the phone and then install the software.

New iPhone worm can act like botnet say experts

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