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50,000 hacked iTunes accounts for sale in China

posted onJanuary 5, 2011
by hitbsecnews

Tens of thousands of fraudulent iTunes accounts are for sale on a major Chinese website, it has been revealed. Around 50,000 accounts linked to stolen credit cards are listed on auction site TaoBao, the country's equivalent of eBay.

Buyers are promised temporary access to unlimited downloads from the service for as little as 1 yuan (10p) a time. Apple, which recently stepped up iTunes' security after a series of break-ins, declined to comment.

However the company has warned users in recent months to safeguard their personal details. Listings seen by the BBC tell buyers they can "go after anything they like" including "software, games, movies, music and so on". Several listings tell prospective buyers they can only use the accounts for 12 hours before it is likely to be shut down.

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