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You need to change your eBay password thanks to a major security breach

Discussion in 'Off-Topic Discussion' started by sparkyscott21, May 21, 2014.

  1. sparkyscott21

    sparkyscott21 Moderator Staff Member

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    You need to change your eBay password. Now.

    Later today the online auction giant will be emailing all customers to inform them that it has discovered a major security breach that took place several weeks ago. A database that included unencrypted passwords and personal information was compromised, but eBay promises your financial data is safe.

    “Later today, eBay Inc. will be asking all eBay users to change their passwords due to a cyber attack that compromised an eBay database containing encrypted eBay passwords and other non-financial information,” reads a statement on the PayPal blog.

    “Extensive forensic research has shown no evidence of unauthorized access or compromise to personal or financial information for PayPal customers.”

    What the hackers did gain access to during the attack, which took place sometime between late February and early March, is a database that contained your unencrypted eBay password and a bunch of personal information — including your full name, address, email, phone number, and date of birth.

    eBay was first alerted to the breach two weeks ago when it was discovered that a bunch of employee login details which allowed access to internal databases had been obtained. The company insists, however, that there is no evidence of unauthorized access to financial data, which is stores separately on a secure network.

    If you haven’t already rushed off to change your eBay password, do it now. eBay will also be advising those who have been using the same password for other services to change that, too.




    5-21-14

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  2. sparkyscott21

    sparkyscott21 Moderator Staff Member

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    EBay initially thought that user data was safe following the security breach it fell victim to recently. As it turns out, that wasn’t the case at all; as Reuters noted in a recent report, eBay has now confirmed that personal data belonging to all 145 million of its users was accessed and compromised in the attack, making it one of the biggest breaches of all time.

    In other words, change your eBay password immediately if you haven’t already.

    Reuters says that eBay initially thought all user data was safe from attackers in the breach, but an eBay executive confirmed that wasn’t the case while speaking withReuters in what were the company’s first public comments from a top exec since the breach.

    “For a very long period of time we did not believe that there was any eBay customer data compromised,” eBay global marketplaces chief Devin Wenig told the news organization. Once the company learned that data was compromised, the executive says eBay moved quickly to disclose the breach.

    According to Wenig, email addresses and encrypted passwords for all 145 million eBay users were compromised. It is unclear if or when hackers will be able to break the encryption protecting the passwords, but users should obviously change their passwords anyway as a precaution.

    Wenig said “millions” of eBay users have already changed their passwords, though he failed to elaborate. The executive also said that eBay is taking measures to protect its network in order to ensure that a similar breach does not happen again in the future.







    5-27-14

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