So perhaps only a few have heard about the July 4th news story reporting that several iTunes accounts (30 accounts ??) across the globe were compromised by the developer of an application (or several apps).
The story alleges that iTunes was hacked and several user accounts were compromised by an application developer who exploited peoples’ iTunes accounts to purchase his applications, so much so that it elevated him to the top in his applications’ category. Now, i would suggest that more that 30 accounts would have to be involved to elevate an app to the top of its category, but that’s beside the point. It is likely that there are more accounts involved, some go not reported, some completely oblivious to their losses.
I’m not so convinced that iTunes was hacked by some thief brute forcing username/password combinations to crack 30 accounts out of millions. While it is entirely possible that Apple could be hacked and that data could be stolen in bulk, I think there are some alternative ideas that should be considered. Read more