Thieves steal with compromised Apple IDs warn Alipay and WeChat


Thieves steal with compromised Apple IDs warn Alipay and WeChat

The two largest payments services of China, Alipay and WeChat Pay have set up a warning to people that thieves are using compromised Apple IDs to access money from their accounts. In fact, Alipay has even posted official warnings on social media and security tips about iPhones.

It still remains unclear how widespread the security compromise has been and how much money has already been stolen. It also remains unclear if the issue is related only to the Apple ID and a flaw in it. So far, it’s been understood that Apple IDs were stolen and then the thieves used the ID to log into Apple accounts to shop, purchase and pay through payment services like Alipay and WeChat Pay.

In a translated Alipay warning post by the company, it said: “Since Apple hasn’t resolved this issue, users who’ve linked their Apple ID to any payments method, including Alipay, WeChat Pay, or credit cards, may be vulnerable to theft.” WeChat too confirmed about the thefts related with stolen Apple IDs.

Apple said that it’s always been encouraging its users to enable two-factor authentication and keep strong passwords. Alipay removed the warning posted on social media after security concerns skyrocketed as more people could search for compromised IDs and misuse it. Strong passwords are good advice, but incidents like this instill constant security concerns among people.

Business News

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