Hacked iTunes accounts for sale across China

Hacked iTunes accounts are available for sale across China at prices starting as low as a few dollars, a report explains. These hacked account details (which include credit card details) were being made available for sale via China’s largest retail website, Taobao.
An original report in the Global Times claimed around 50,000 hacked accounts were being peddled on Taobao at prices ranging from one to 200 yuan. Thousands of accounts have been sold over the past several months, it said. AFP has confirmed the claims.

The retailer claimed it takes all reasonable and necessary steps to protect consumers. Hacked iTunes accounts are sold with the admonition to use them for just 24-hours.

“At this time, we have not received any information from Apple or any other principal related to the iTunes accounts indicating that these products either violate our listing rules or infringe on the IP of others,” the company said, as reported by AFP.