Image via CrunchBase
iTunes login information from hacked accounts are a bargain for sale in China. These include credit card information, you provide through the largest retail site Taobao (a Chinese version of eBay) can buy. According to the Global Times, there are about 50,000 account information for sale, for between 1 and 200 yuan. And trade is good, because there were already thousands of accounts sold in recent months.
The hacked iTunes accounts after selling only 24 hours may be used. According Taobao they doing everything reasonable to protect consumers. "At the moment we have no information from Apple or other important business received over the iTunes account, which shows that the products the rules of the site violate or infringe create intellectual property rights of others " , says Taobao.
For more coverage on iHelplounge:
- Follow us on twitter
- Become a Fan on Facebook
- Subscribe to our Feed
Subscribe to our YouTube Channel