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Stolen Apple IDs used in string of digital payment thefts in China, says report

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Alipay says it is working with Apple to determine how the hackers bought in. 


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Popular Chinese e-transaction giants Alipay and Tencent Holdings are warning customers that hackers used hijacked Apple IDs to steal money from prospects’ accounts, in keeping with a Bloomberg report Wednesday. It’s unclear how a lot the hackers stole.

Alipay stated in a blog post that it is working with Apple to determine how the hackers bought in. The firm warned that prospects could also be weak to theft in the event that they’ve linked their Apple IDs to Alipay accounts, WeChat Pay or bank cards. Alipay recommended customers decrease their transaction limits to stop massive quantities of cash from being stolen.

When reached for remark, Apple did not instantly tackle the stolen Apple IDs.

“We encourage customers to create a strong password and turn on two-factor authentication to protect their accounts,” an Apple spokesperson stated in an emailed assertion.

Tencent, which developed the favored chat app WeChat, reportedly stated it is also contacted Apple. It suggested customers to safeguard their Apple ID. WeChat has more than a billion users worldwide and might be used to pay for principally the whole lot in China.

Alipay operates beneath Ant Financial, which is managed by Jack Ma, the billionaire co-founder of e-commerce big Alibaba.

Alipay and Tencent Holdings did not instantly reply to requests for remark.


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