Should Apple be Thanking This Google Developer?

Apple_Google

Google (NASDAQ:GOOG) employee and researcher Elie Bursztein might be Apple’s (NASDAQ:AAPL) favorite rival developer (if such a thing exists) after he reported several vulnerabilities that he discovered in Apple’s App Store last July. Apple completed its fix of the vulnerability on March 8.

Is Apple now a once-in-a-decade buying opportunity? Click here to get your 24-page Ultimate Cheat Sheet to Apple’s Stock now!

The vulnerabilities arose from a lack of encryption for Apple’s App Store, specifically from Apple not having HTTPS enabled for all of its network traffic for its App Store. As Bursztein states on his personal blog, “Enabling HTTPS and ensuring certificates validity is the most important thing you can do to secure your app communication.”

On his blog, Bursztein demonstrates the various types of attacks that can be performed on a vulnerable system that lacks encryption, including:  password stealing, app swapping (forcing the user to buy or install an unwanted app), fake app upgrades, preventing app installation, and privacy leaks.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business