Hacked iTunes Accounts Up For Sale At Taobao

Hacked iTunes user accounts have appeared for sale on Chinese auction site Taobao.

Around 50,000 hacked accounts, giving illegal access to users' credit card details and downloads, are available to purchase at prices ranging from 1 (10p) to 200 yuan (£20), China’s Global Times reports.

Buyers are promised the chance to download up to seven times the amount paid for an account in music and video from Apple’s platform, with the only restriction being that all downloads should be completed within 24 hours of the purchase going through.

Thousands of accounts have already been sold on the site over the past several months, the paper said.

Taobao’s on-site disclaimers say that the company is not liable for items sold through it, nor can it vouch for their authenticity, accuracy or legitimacy.

Speaking to AFP, a Taobao spokesperson insisted that the company takes all “reasonable and necessary” precautions to protect customers’ rights.

The spokesperson added that the company could not remove the ads unless it received a formal request to do so - something Taobao claims it is yet to receive.

"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.