Chinese Digital Payment Providers Say Stolen Apple IDs Used to Steal Money

Ant Financial’s Alipay and Tencent Holdings Ltd. warned that cyber-attackers employed stolen Apple IDs to break into customers’ accounts and made off with an unknown amount of cash, in a rare security breach for China’s top digital payments providers. Alipay, whose parent also operates the world’s largest money market fund, said on its Weibo blog that it contacted Apple and is working to get to the bottom of the breach.