A hacker has decrypted the iPhone's security chip, but your data is still safe
And while this may sound like grim news, it really isn't — user data processed by the SEP is still safe, since the only thing that's been exposed is the firmware that runs on the chip that protects said data. In fact, one might argue that now that it can be accessed, the firmware can be probed by security researchers, and issues not uncovered by Apple (if there are any, that is) can be patched in time, before they're exploited by a malicious third party.
If fact, Apple doesn't seem particularly worried about the release of the keys — an unnamed Apple employee speaking with TechRepublic claimed the company doesn't plan on issuing a fix to the SEP's firmware at this point. Or in other words, don't panic about you security being compromised just yet.
source: TechRepublic via MacRumors
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