Bad news, folks: iPhone thefts are on the rise. Not only that, but a new report from The Wall Street Journal (WSJ) suggests thieves are exploiting Apple’s recovery key system to lock users out of their Apple accounts for good.
Specifically, eagle-eyed criminals are generating new 28-character recovery codes – having accessed stolen iPhones through spying on lock screen passwords – to commandeer users' Apple IDs. Per Apple’s security guidelines, generating a new recovery key means “you could be locked out of your account permanently,” and thieves are using this loophole to rack up purchases on stolen iPhones while users scramble to cancel their bank cards.
