During the Black Hat Asia conference, security researchers exposed a clever cybercrime tactic that takes advantage of the ‘Someone else will pick it up’ feature on the Apple Store Online. This scheme has allegedly earned criminals more than $400,000 in a span of two years. “Pickup” scam exposed Cybercriminals use a two-pronged strategy to pull off their scams. At first, they sell Apple products at discounted prices on used online platforms in South Korea, such as Craigslist or eBay. After the buyer agrees to the purchase, criminals use the stolen…

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