Hackers crack Apple’s iTunes gift card algorithm

Hack­ers crack Apple’s iTunes gift card algo­rithm:

$200 iTunes Gift Cer­tifi­cates are sell­ing for less than $3 in Chi­na now that a group of local hack­ers has cir­cum­vent­ed Apple’s algo­rithm for cre­at­ing the dig­i­tal vouch­ers and built their own gift cer­tifi­cate gen­er­a­tors.

This was bound to hap­pen soon­er or lat­er. It’ll be inter­est­ing to see how Apple are able to counter this — at the end of the day, any mech­a­nism that’s strict­ly algo­rithm-based is going to be able to be bro­ken.

(Via AppleIn­sid­er.)