A few days ago, a mainstream media channel asked the Damballa Threat Discovery Center our opinion about the newest and biggest cyber threats facing US business and law enforcement. We responded that the business of Zero Day exploits is on the rise.
Zerodium, a Zero-Day buy and sell market launched by Vupen, (a vulnerability and exploit broker) announced they would offer a $1 million dollar bounty for any iOS 9 exploit or jailbreak.
This follows their announcement last week about bounties they were in the market for, including mobile exploits, browsers, Flash and Microsoft Office.
While security forums don’t have much chatter about this topic yet, it’s all over Twitter. While there is no insight into a specific buyer, we can assume if an exploit for iOS 9 is found, Zerodium will sell it for way more than $1 million.
Finding an iOS 9 security breach would have severe repercussions for millions of iPhone users, which have traditionally been given a higher grade for security than Android because of their ‘walled garden’ approach to Apps. Any developer who wants to do business in the App Store has their code reviewed by Apple first.
The exploit business has been alive and well for a long time. No law enforcement authorities have gone after them yet, and if they did, it could get messy. Who is it to blame? The person who finds the exploit, the company who buys it or the people who use it?[su_box title=”About Damballa” style=”noise” box_color=”#336588″]As a leader in automated breach defence, Damballa delivers advanced threat protection and containment for active threats that bypass all security prevention layers. Born for breach defence, Damballa rapidly discovers infections with certainty, pinpointing the compromised devices that represent the highest risk to a business, and enabling prioritized response and refocusing of security experts to the areas of greatest risk to an enterprise. Our patented solutions leverage Big Data from one-third of the worlds Internet traffic, combined with machine learning, to automatically discover and terminate criminal activity, stop data theft, minimize business disruption, and reduce the time to response and remediation. Damballa protects any device or OS including PCs, Macs, Unix, iOS, Android, and embedded systems. Damballa protects more than 400 million endpoints globally at enterprises in every major market and for the world’s largest ISP and telecommunications providers.[/su_box]
ISBuzz Team embodies the collaborative efforts of the dedicated staff at Information Security Buzz, converging a wide range of skills and viewpoints to present a unified, engaging voice in the information security realm. This entity isn't tied to a single individual; instead, it's a dynamic embodiment of a team diligently working behind the scenes to keep you updated and secure. When you read a post from ISBuzz Team, you're receiving the most relevant and actionable insights, curated and crafted by professionals tuned in to the pulse of the cybersecurity world. ISBuzz Team - your reliable compass in the fast-evolving landscape of information security
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.