Yesterday my bank account was cleared out, initially i suspected my card had been compromised so immediately cancelled.
Loyds tsb could only tell me there had been 15 transactions for £30 each and to call back when the transactions show on my account.
A few hours later i get an itunes invoice for £30 and immediately check my history to discover my account has been hacked and someone has used my funds and card to gift other accounts to the sum of £450.
A quick google search turns up that hacked itunes accounts are being sold online this week in china and this is obv how they are funded.
I have always been extra carefull regarding password security, I tunes is just not secure.
I would recommend people to remove any cards they have stored on itunes to minimise damage if there account is hacked.
If your unsure about this search on twitter for "itunes hacked"