Thieves are using Apple IDs to steal money, Chinese payment firms say

China’s two largest digital payments services, Alipay and WeChat Pay, have warned that thieves are using compromised Apple IDs to make purchases with people’s accounts. Alipay posted a warning offering ‘security tips about Apple phones,’ which said that it had contacted Apple many times with hope of solving the issue, according to Reuters. Tencent, which owns WeChat Pay, later confirmed similar issues in a statement to Bloomberg.

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  • Publisher: The Verge
  • Date: 2018-10-11T16:07:47-04:00
  • Author: Jacob Kastrenakes
  • Twitter: @verge
  • Citation: Web link

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And here’s another article:

Stolen Apple IDs lead to money thefts from linked Alipay & WeChat accounts in China

Some Chinese iPhone users complained in recent days that they received mobile notifications of App Store spending they didn’t authorize, according to state media China National Radio. Complaints on social media claim losses amounting in some cases to hundreds of U.S. dollars, with text-message notifications at odd hours.

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Alipay’s notice didn’t say how many people had been affected, but said they did include iPhone users who connect their accounts to other payment systems, including its main rival WeChat Pay as well as credit cards. A spokeswoman for WeChat Pay, owned by Tencent Holdings Ltd., said it didn’t issue a notice to users, but a company statement to the media echoed Alipay.

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  • Publisher: 9to5Mac
  • Date: 2018-10-11T13:32:16+00:00
  • Twitter: @9to5mac
  • Citation: Web link

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China’s Alipay says stolen Apple IDs behind thefts of users’ money

BEIJING (Reuters) – Ant Financial’s Alipay, the operator of one of China’s top two mobile payment apps, said hackers have taken an unknown amount of money from accounts using stolen Apple Inc IDs and the issue remains unresolved despite reaching out to the U.S. giant.

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The breach has affected users of both Alipay and Tencent Holdings Ltd’s WeChat and some users lost up to 2,000 yuan ($288), state media outlet Xinhua said on Thursday.

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It is not clear how many users were affected by the breach, and Alipay’s statement urged affected users to contact Apple.

  • Twitter: @YahooFinance
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Facebook disables accounts tied to Russian company that allegedly scraped user data

Facebook has disabled accounts operated by a Russian business that the social network says scraped user data from its platform.

The Russian company, SocialDataHub, advertises insights through publicly available information. According to Facebook, that includes information gleaned from its users.

The representative said the work was legitimate. ‘We are waiting for the speedy unlocking of our accounts,’ the person said.

Facebook faced a major scandal earlier this year over Cambridge Analytica, and pledged to work harder to protect its users’ data.

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