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Apple apologizes for ID thefts in China

Published 10/16/2018, 08:58 AM
© Reuters.  Apple apologizes for ID thefts in China
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  • Apple (NASDAQ:AAPL) is “deeply apologetic” for account hacks in China, which the tech giant says affected a “small number” of accounts that weren’t secured with two-factor authentication.
  • The company strongly recommends that customers enable 2FA on their accounts to prevent future attacks.
  • The theft of funds came to light when Alibaba (NYSE:BABA) and Tencent warned that stolen Apple IDs compromised some of their mobile payment customers.
  • Apple shares are up 0.9% premarket to $219.24.
  • Previously: Alibaba, Tencent warn of stolen funds using Apple IDs (Oct. 11)
  • Now read: Apple: Big Opportunity In Streaming


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