According to a report from AFP, hacked iTunes accounts complete with credit card information are available for sale on Chinese online retailer Taobao. The hacked accounts give you "free" access to music, TV shows, movies, apps -- anything you can buy in the iTunes Store. AFP is reporting that hacked accounts are sold starting at 30 yuan ($4) but, as noted by the Global Times, price may go up to 200 yuan, too. Around 50,000 accounts are being sold on Taobao.
"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.
Experts said hackers either hack foreign users' iTunes accounts, which keep credit card numbers on file, or steal details of overseas credit cards to register several iTunes accounts that are then put on sale.
It is unclear whether or not this sale of hacked accounts has been going around for months. Either way, sometimes the best solution to prevent your account from being hacked is very simple: keep a strong password. [AFP via 9to5]