More than 225,000 iPhone accounts hacked

Hackers have stolen more than 225,000 accounts from iPhone users in what one security company identified as “the largest known Apple account theft caused by malware," according to CNNMoney.

Santa Clara, Calif.-based Palo Alto Networks Inc. and Chinese technology company WeipTech discovered the malware, known as KeyRaider, in 18 countries, including the U.S. The malware only targets “jailbroken” iPhones, a process which removes security restrictions.

KeyRaider sends iTunes App Store information to hackers – including usernames, passwords and purchase history – and prevents them from recovering their phones once infected.

The hackers behind KeyRaider also developed software which lets people purchase apps from the store for free using the stolen accounts. So far, about 20,000 people have downloaded the software.

Read more from CNNMoney.