Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Mobile Security //

iOS

// // //
6/13/2018
09:35 AM
Scott Ferguson
Scott Ferguson
News Analysis-Security Now

iOS App Store Guidelines Effectively Ban Cryptomining

Apple has issued new guidelines for iOS developers that effectively ban cryptomining apps from the company's App Store. The move follows similar changes from Google.

Apple is now through with cryptomining apps.

In an update to its iOS App Store guidelines for developers, the iPhone maker has included new language that effectively bans cryptomining software from appearing in its app store. This week's update follows a similar ban that Google included in its Web Store. (See Google Web Store Bans Cryptomining Extensions.)

The move by Apple Inc. (Nasdaq: AAPL) is the latest development in the world of cryptocurrency, as well as cryptomining, which has become a lucrative target for cybercriminals who have started using malware and cryptojacking software hidden in apps to help mine for Bitcoin and other virtual currencies by tapping into the devices of others and using that compute power.

(Source: Pixabay)
(Source: Pixabay)

In a report released within the last week, Check Point researchers confirm that cryptomining schemes have now surpassed ransomware as the number-one attack cybercriminals are using right now. One reason is that the volatility in global cryptocurrency markets have made it much more profitable to mine virtual currency than to go through the trouble of conducting a sophisticated, and expensive, ransomware attack. (See Cryptomining Malware, Cryptojacking Remain Top Security Threats.)

That type of volatility was on display this week when a group hacked into a South Korean cryptocurrency exchange, creating havoc with cryptocurrency prices across the globe. (See Bitcoin & Other Cryptocurrency Prices in Flux Following Hack.)

In the case of Apple, the company seems to want to control some of the volatility in its popular App Store.

Specifically, the company has added a new section within its guidelines -- 3.1.5 (b) Cryptocurrencies -- which effectively bans cryptomining apps from the store.

"Mining: Apps may not mine for cryptocurrencies unless the processing is performed off device (e.g. cloud-based mining)," according to the new guidelines.


Now entering its fifth year, the 2020 Vision Executive Summit is an exclusive meeting of global CSP executives focused on navigating the disruptive forces at work in telecom today. Join us in Lisbon on December 4-6 to meet with fellow experts as we define the future of next-gen communications and how to make it profitable.

Since malicious actors have started installing malware on devices to mine cryptocurrency, including iPhones and iPads, Apple's new ban goes well beyond previous guidelines that asked developers to create applications that were power efficient and did not have hidden background processes running within the app.

Instead, Apple is outright banning these apps all together.

However, Apple will still let iOS users use Bitcoins and other virtual currencies but through more established channels. For instance, with cryptocurrency wallets users can "facilitate virtual currency storage, provided they are offered by developers enrolled as an organization."

iOS users can also use their devices for what the industry calls initial coin offers, or ICOs, but these transactions must come from "established banks, securities firms, futures commission merchants (FCM), or other approved financial institutions and must comply with all applicable law."

Related posts:

— Scott Ferguson is the managing editor of Light Reading and the editor of Security Now. Follow him on Twitter @sferguson_LR.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Developing and Testing an Effective Breach Response Plan
Whether or not a data breach is a disaster for the organization depends on the security team's response and that is based on how the team developed a breach response plan beforehand and if it was thoroughly tested. Inside this report, experts share how to: -understand the technical environment, -determine what types of incidents would trigger the plan, -know which stakeholders need to be notified and how to do so, -develop steps to contain the breach, collect evidence, and initiate recovery.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2022-44960
PUBLISHED: 2022-12-02
webtareas 2.4p5 was discovered to contain a cross-site scripting (XSS) vulnerability in the component /general/search.php?searchtype=simple. This vulnerability allows attackers to execute arbitrary web scripts or HTML via a crafted payload injected into the Search field.
CVE-2022-44961
PUBLISHED: 2022-12-02
webtareas 2.4p5 was discovered to contain a cross-site scripting (XSS) vulnerability in the component /forums/editforum.php. This vulnerability allows attackers to execute arbitrary web scripts or HTML via a crafted payload injected into the Name field.
CVE-2022-44962
PUBLISHED: 2022-12-02
webtareas 2.4p5 was discovered to contain a cross-site scripting (XSS) vulnerability in the component /calendar/viewcalendar.php. This vulnerability allows attackers to execute arbitrary web scripts or HTML via a crafted payload injected into the Subject field.
CVE-2022-44944
PUBLISHED: 2022-12-02
Rukovoditel v3.2.1 was discovered to contain a stored cross-site scripting (XSS) vulnerability in the Add Announcement function at /index.php?module=help_pages/pages&entities_id=24. This vulnerability allows attackers to execute arbitrary web scripts or HTML via a crafted payload injected into t...
CVE-2022-44945
PUBLISHED: 2022-12-02
Rukovoditel v3.2.1 was discovered to contain a SQL injection vulnerability via the heading_field_id parameter.