| August 24, 2010

ITunes customers still at risk of fraudulent credit card debt

In 2009, the San Jose Mercury News and Tech Crunch originally broke the news about an iTunes store security breach. A number of complaints flooded in from customers, claiming their accounts had been compromised following purchases made via iTunes. Now, PC World is reporting that Apple has made few improvements to security and theft is likely to increase in the coming months.

PayPal, an intermediary service that allows consumers to link bank accounts and credit cards for online transactions, has accounted for a number of the reported instances thus far. The company has been regarded as one of the safest payment methods for online shopping in the past.

“ITunes is always working to prevent fraud and enhance password security for all of our users,” Apple said in an emailed statement to PC World. “But if your credit card or iTunes password is stolen and used on iTunes we recommend that you contact your financial institution.”

When personal data falls into the wrong hands, it can result in debt and credit score damage for the consumer. Consumers can monitor their credit to detect fraud and reduce their chances of facing theft.

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