The hack is being called the Towson Hack because many of the victims have seen their addresses changed to Towson, Maryland in their iTunes account when their money is stolen.
It’s also been linked to PayPal accounts as well as Sega’s KingdomConquest game, according to an analysis of the hack done by Macworld.com.
The company has refunded many victims of the hack.
"My iTunes account was hacked this morning, two $45 charges and on $25 charges, along with a free charge of Kingdom Conquest. I called Apple support and by 1:30 PM they had refunded my money in PayPal. Great customer service by Apple.
I am just mad that somehow somebody got my account info. Kind of disheartening, considering when you pay $1200 for a computer you expect some better security than that. Oh well, at least I got a refund. " one of user posted in the forum.
Change your password often. Also, don’t load all of your iTunes gift card credit onto your account at once. You’ll lose less cash if you get hacked.