Renewed demand for access to encrypted backups sparks cybersecurity and crypto concerns
The United Kingdom has renewed its push for Apple to provide access to encrypted iCloud backups, sparking concern that such a move could weaken privacy protections and place crypto wallet keys at risk.
Officials argue the measure is intended to aid law enforcement investigations, but cybersecurity experts warn the consequences could be severe. Many digital wallets allow users to store encrypted private keys in iCloud, meaning any government-ordered access point could open new pathways for attackers.
Security at risk for crypto users
Applications such as MetaMask, Coinbase Wallet, and Crypto.com DeFi Wallet rely on cloud-based backup options for convenience. Although these files are encrypted, researchers caution that once obtained, they can be targeted by brute-force or dictionary attacks. The strength of the password then becomes the only barrier.
Slava Demchuk, a blockchain forensics specialist, noted that creating such access points could raise the volume of threats dramatically. “The number of attackers will increase. It’s simple logic,” he said.
Privacy advocates push back
Digital rights groups argue that any form of mandated backdoor undermines security for everyone. organizations warned: “Every technical weakness designed for government use can, and eventually will, be abused by bad actors. It exposes users to hacking, identity theft, and fraud.”
The latest request follows earlier disputes under the UK’s Investigatory Powers Act, which allows the government to issue Technical Capability Notices requiring companies to assist in accessing encrypted data.
The debate also echoes the origins of cryptocurrency itself, built on principles of privacy and resistance to surveillance. Advocates argue that compromising encryption not only jeopardizes personal safety but also challenges the very foundations of digital finance.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.