Researchers from the Check Point Institute for Information Security at Tel Aviv University have discovered that the encryption mechanism used for securing money transfers on mobile phones can be broken using a simple piece of $2 equipment. This means a cyber criminal could circumvent cryptographic security for mobile devices using a non-invasive attack method to steal sensitive information. This could potentially put users using Bitcoin wallets or even Apple Pay accounts at risk. Researchers managed to extract signing keys successfully from OpenSSL and CoreBitcoin running on iOS devices.”]