updated 09:50 am EDT, Tue August 24, 2010
No 'sudden increase' in fraud, source claims
A recent series of fraudulent iTunes downloads, tied to PayPal accounts, is not based on any new exploit, sources claim. Described as "close to Apple," the sources suggest that iTunes has not been compromised and that Apple isn't aware of any sudden jump in fraud. In reality, people are probably falling prey to variants of bot and phishing attacks that have been around for years, All Thing Digital writes.
PayPal is promising to reimburse any illicit charges. Apple's position has remained consistent. "iTunes is always working to prevent fraud and enhance password security for all of our users," a new statement reads. "But if your credit card or iTunes password is stolen and used on iTunes we recommend that you contact your financial institution and inquire about canceling the card and/or issuing a chargeback for any unauthorized transactions. We also recommend that you change your iTunes account password immediately."