Saturday, December 4, 2010

iTunes Charge Scam

For all the innovation and excitement about Apps and mobile devices there is a downside, fraud. Scammers have been working hard to exploit the iTunes system through fake phishing email messages that trick users into giving their credentials. Once these scammers have account credentials they purchase hundreds of dollars in iTunes gift cards and then auction them off. While phishing has been a menace to the web for years, it is notable here b/c Apple seems unable to stop this and left unchecked this could really dampen the enthusiasm for all things App. Incidentally there are equally menacing issues for the Droid Apps as well, so this is just the tip of the iceberg.

Read the article.

(submitted by Tom)

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