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50,000 Stolen iTunes Accounts Up For Sale

         

engine

5:22 pm on Jan 6, 2011 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



50,000 Stolen iTunes Accounts Up For Sale [bbc.co.uk]
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.
While it is not clear whether the accounts themselves were stolen, or whether they were set up with fraudulently obtained information, it is against the terms and conditions of iTunes to resell user identities.

wheel

5:40 pm on Jan 6, 2011 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



TaoBao said that it was not required to remove the listings because it had not received any direct complaints about the sales.

Solid logic right there.