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Old 06-12-2011, 02:59 PM  
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iTunes fraud surge hits gift card balances, PayPal accounts

Is this happening to you? Something funky's going down

Quote:
often the charges are for in-app purchases for apps such as Section8's World War, Sega's Kingdom Conquest or Kamagames' Texas Poker. Even as Apple is pushing forward with iCloud, questions remain about the security and safety of those millions of accounts.

You can read the examples on Apple's discussion boards (stretching from November of 2010 until this week), a series of posts over at Betanews, or coverage at PC Pro -- but many of the stories are similar to the one below. Users who funded their accounts with gift cards saw those balances chewed through with unauthorized purchases; one user with PayPal funding for his account saw over $500 in fake purchases. The in-app buys were for apps the users never downloaded; most claim that their passwords were never compromised and only used for iTunes. Even if phishing or password compromises can explain some of the purchases, it's hard to imagine that all of these accounts were cracked.
Full story at: http://www.tuaw.com/2011/06/08/itune...ypal-accounts/
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