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TrustFinance Global Insights
Mar 18, 2026
2 min read
15

Cybersecurity researchers have identified a powerful new spyware named "Darksword" capable of compromising millions of Apple iPhones. The malware was discovered on dozens of Ukrainian websites, marking the second major iPhone exploit found this month.
Firms including Lookout, iVerify, and Google's cybersecurity team jointly published their analysis of the threat. Darksword targets older iPhones running specific iOS versions, with estimates suggesting between 220 million and 270 million devices could be vulnerable due to users not installing the latest software updates from Apple.
The discovery highlights a flourishing market for sophisticated hacking tools, once primarily used by state-level intelligence operations. This trend suggests such tools are now accessible to criminal entities with a financial focus, creating new risks for data security and cryptocurrency assets and potentially driving demand for advanced mobile security solutions.
The emergence of Darksword indicates a robust ecosystem for iOS exploits. The poor operational security noted by researchers suggests these hacking tools are becoming more common and less costly, posing a significant and ongoing threat to mobile users worldwide. Stakeholders will be watching for Apple's response and any further security patches.
Q: What is Darksword?
A: Darksword is a newly discovered spyware designed to penetrate Apple iPhones to steal information, including data from cryptocurrency wallets.
Q: Which iPhones are at risk?
A: iPhones running older, unpatched iOS versions are vulnerable. Researchers estimate 220 to 270 million devices that have not been updated remain exposed to this threat.
Source: Investing.com

TrustFinance Global Insights
AI-assisted editorial team by TrustFinance curating reliable financial and economic news from verified global sources.
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