A Russian hacker appears to have defeated Apple’s in-app purchase security and processing checks, allowing iPhone and iPad owners to potentially rack up thousands of purchases within apps for no charge. 9to5mac reports that (via i-ekb.ru) that developer ‘ZonD80′ has developed a technique that uses an in-app proxy method to bypass the payment processing features on all devices running iOS 3.0 and up (including the new iOS 6 betas). And it doesn’t require a Jailbroken device. When utilised, in-app purchases are routed via external servers and the standard payment dialog is replaced with the one embedded below. Instead of entering your password, you hit LIKE on the popup and in-app credits and purchases are credited to your account. Read the full story at The Next Web.