http://www.theregister.co.uk/2012/07/13/apple_ios_hack/
Security fail for Apple as hacker cracks iOS in-app purchasing
Developers could be seriously out of pocket
A Russian hacker claims to have found a way to crack the in-app purchasing mechanism used in iOS so that users can get free content in a variety of applications.
The hacker, dubbed ZonD80, posted a video of the crack on YouTube and claims that the technique makes it possible to beat Apple's payment systems by installing a couple of certificates and assigning a specific IP address to the device.
ZonD80 is now asking for donations to set up a website to promote the hack.
"Why you must to pay for content, already included in purchased app? I think, you must not," he said
"In-Appstore.com Get in-app ..."
This video is no longer available due to a copyright claim by Apple, Inc..
http://venturebeat.com/2012/07/13/russian-in-app-purchases-hack/
Russian hacker finds a way to get in-app purchases for free (updated)
A new hack surfaced today allowing iOS users to download in-app purchases without actually paying for them, according to 9to5Mac. The hack comes from Russia and is a three-step process that works on all phones, not just jail-broken ones.
Apple says it is aware of the issue and is working toward rectifying it.
Once installed, users will see a push notification from ZonD80 that reads, “If you like in-appstore.com, click like button!” as opposed to the traditional Apple ID request.