Newly discovered exploit allows malware to steal OS X and iOS passwords

Researchers, primarily at Indiana University, have discovered Mac OS X and iOS security flaws that allow malicious apps that have been introducing the the Apple App Store to steal passwords an keychain entries, steal data from other app data stores, hijack network ports, and intercept communications from other apps. In this case, the scrutiny of the App Store has failed to prevent malware from being introduced. The exploits are not widespread, but Apple may need to adjust how they evaluate apps before approval.

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