In a recent security development, Apple removed a fake Trezor wallet app from the App Store, after a vigilant researcher exposed its presence. However, concerns remain as other copycat applications with potentially malicious intent remain on the platform.
Rafael Yakobi, Managing Partner at Crypto Lawyers, issued a security alert regarding the Apple App Store. He discovered that the top search result for “Trezor” led to a counterfeit app that stole users’ cryptocurrency. Yakobi cautioned Apple users about the fraudulent “Trezor Wallet Suite” app, which prompts users to enter their seed phrase, enabling the app’s operators to access their entire crypto holdings. He further highlighted that the malicious app had been available for several weeks, leaving the potential number of victims unknown, but potentially in the hundreds or thousands.
Subsequent searches on the United States version of the App Store failed to locate the specific malicious app mentioned by Yakobi. Apple is known for promptly removing suspicious or fraudulent apps from the store once alerted to their presence.
However, a search for “Trezor Wallet Suite” did yield another app called “MyTREZŌR Suite: One Edition,” which raises concerns of potential nefarious activity. This application had only received two reviews, both serving as warnings that the app is a scam designed to steal cryptocurrency. Thus, Apple has yet to eradicate such fraudulent apps from its platform fully.
Apple has consistently emphasized the security and vetting processes for apps on its official App Store. The company strives to maintain a secure user ecosystem, but instances like these indicate that unauthorized and malicious apps can sometimes slip through the cracks.
Apple users should exercise caution when downloading apps related to sensitive financial activities, ensuring they only install verified applications from trusted sources.
