iCloud security breach leads to $65M scam 1

iCloud security breach leads to $65M scam

Currently, iCloud is definitely paying off very bad publicity – and this is precisely the case to say. Researchers proved that Apple lied about the true privacy of data collected from users. And frankly, this isn’t the only time the Cupertino company has reshaped reality.

Pixalate, a company specializing in online fraud prevention, has indeed published a study against the manufacturer. In the latter, he claims that a security flaw in iCloud made it possible to create a scam worth today. 65 million dollars. All while impersonating Apple. All of this was made possible thanks to iCloud Private Relay.

Brands lost $65M because of iCloud

This feature reserved for iCloud premium users, just like a VPN, camouflage their activities on the Internet by assigning a “fake” IP address. Apple is official at this point: All distributed IP addresses are for real users, not bots. And yet… that’s exactly what happens according to Pixalate. Actually, 90% of iCloud Private Relay users are actually robots.

Why so much concentration around functionality? Of course money. These bots will indeed go and display thousands of ads on the web for one simple reason: the more an ad is seen, the higher the placement cost. The method is even more dangerous, says Amit Shetty, Pixalate vice president of product. “Apple says you can make sure connections are secure and free of fraud through Private Relay, so scammers make their traffic look like it’s coming from Apple”.

With scams now rampant on the web, Pixalate claims that 9 sites in particular have been targeted by scammers, including E.! Online, ESPN, Major League Baseball, NBC News and Weather.com. And the situation is getting so bad that the firm is now advising companies that manage their online ad slots to block the traffic generated by iCloud Private Relay.

Source : Pixalate

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