Massive hacking of iTunes accounts happening right now!

[HarryT]

Originally Posted by kjk

Probably the most directed example of a phishing attack that I've read about:
Guy sends out fake iTunes related emails
Guy gets people to click
Guy steals account info
Guy uses everyones account info to...buy his app
App goes to top 10 list in that category
?
Profit?

Possibly simply didn't realise that app sales are not paid instantly?

[murraypaul]

Originally Posted by HarryT

Possibly simply didn't realise that app sales are not paid instantly?

Or that his scam was small-scale enough that people wouldn't notice immediately?

[Kali Yuga]

Originally Posted by Dopedangel

400 * $500 = $800000.00
4000 * $500 = $8000000.00

Not a puny scam by any accounts....

In 2007, TJ Maxx's credit card processing protocol resulted in the compromise of 45 million CC numbers. This Apple exploit is at least 0.0008% the size of that one. If it was 4,000 users instead of 400, it'd be 0.008%.

Or, there are at least 10 million iTunes accounts, meaning 0.004% of all users got nailed.

The rogue developer likely didn't get anything, since Apple only pays once a month; the CC companies will reverse the fraudulent charges. It appears that almost no one lost anything as a result, except Apple lost a bit of face.

Do you prefer the term "miniscule?"

[Sydney's Mom]

Originally Posted by HarryT

More information is emerging about the recent iTunes App Store issues. This article by The Register suggests that around 400 accounts were compromised, and that logon credentials were obtained by a phishing attack; the security of the iTunes Store itself was not hacked.

The hacking a month ago was NOT done thru phishing - AE told me it was some teenagers hacking into Apple. They didn't actually have my credit card number, according to AE, so no worries about anything other than itunes purchases.

[DAG]

I just tried to get on itunes and it locked up my computer twice I could not get on is there a problem?