A security researcher / hacker is claiming to have found a significant remote code execution exploit on iPhone and iPad devices running software up to iOS 15. Supposedly, a malicious actor could use the exploit to remotely wipe a nearby iPhone, without the owner of the device doing anything.
The exploit is hands-off from the perspective of the user, such that they even suggest that riding a bike through a city surreptitiously wiping iPhones is a legitimate possibility. Based on the screenshot of the email with Apple security, the issue has been addressed in iOS 15.1.
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