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.)