In a newly-released paper,
 the research group explained how they tested a series of attacks that 
were able to bypass security checks, steal passwords, and even critical 
app data.
The vulnerability was discovered to exist on Apple devices including the iPhone, iPad, and Mac computers.
Due
 to the way Apple built apps to communicate with each other, the paper 
writes, researchers were able to "steal such confidential information as
 the passwords for iCloud, email and bank, and the secret token of 
Evernote."
Basically, these researchers were able 
to build a malware that was uploaded to Apple’s App Store in the form of
 a typical app, which was then able to steal credentials from the 
existing apps on the researchers' phones. These credentials include 
passwords and other precious app data that's supposed to be off-limits.
The lead researcher, Luyi Xing, told the Register
 that his team was able to "gain unauthorized access to other apps’ 
sensitive data such as passwords and tokens from iCloud, Mail app and 
all web passwords stored by Google Chrome."
According 
to the Register, Xing and his team informed Apple, which asked for six 
months to deal with issue. The six months have now passed and the 
vulnerabilities persist, say the researchers. 
The 
ramifications of these findings could be huge. Very little has been 
written about the potential cross-app vulnerabilities in Apple’s 
software, and this discovery shows some huge holes certainly exist.
      The researchers tested this type of attack with large sample of 
Apple apps and found that "      more than 88.6%" were completely 
exposed. These include extremely popular apps like password manager 
1Password and Google Chrome.    
"The consequences of 
these attacks are serious," the paper concludes, "including leak of user
 passwords, secrete tokens and all kinds of sensitive documents."
      In short, this vulnerability could quickly become bad news for 
Apple if hackers or other malicious parties take advantage of the 
security holes, and there's no way to know if any attacks utilizing this
 method have already been carried out. For Apple's part, the company 
needs to figure out a way to patch the vulnerability across both its iOS
 and Mac OS X operating systems.    
Business Insider has reached out to Apple, and we will update the post when we hear back.
      You can watch a video showcasing how a malicious app can utilize 
the vulnerability to steal stored passwords from Google Chrome.    
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