If you're  yet to update your iPhone to the latest (i.e brand new) iOS software update which dropped in the last 24 hours, you might want to stop what you're doing and hop to it.

After a detailed report from a technology-focused academic research centre at the University of Toronto, Citizen Lab and Lookout Security, a mobile software security company, found vulnerabilities in iOS 9 that have never before seen, Apple has issued a serious and urgent iPhone and iPad software update (iOS 9.3.5).

The bug was found to put personal data at risk, allowed for "arbitrary code execution, access to kernel memory, and access to kernel privileges" - which, and this is why it's so important,  could allow an intruder/hacker to access every corner of your phone - emails, photos, videos, calendar items, text messages, tinder matches....basically your entire life.  It also could allow someone to listen in remotely on phone calls, unlock your phone and activate the microphone and camera.  Scary, right? You bet.  

After being tipped off by a human rights activist in the UAE, the two companies examined the malware and well, found more than they expected. "We realised that we were looking at something that no one had ever seen in the wild before," said Mike Murray, Lookout's vice president for research, talking to Motherboard. "One of the most sophisticated pieces of cyber-espionage software we've ever seen."  This is the first breach of its kind and a very scary one, considering iOS10 is well on it's way to us. Thankfully, Apple have got it under control and are looking into the vulnerabilities to prevent this from happening in the future. 

Red alert: You need to update your iPhone right now