eBay Inc. To Ask eBay Users To Change Passwords

[joanna_oz]

Hello,

Earlier today eBay Inc. announced it is aware of unauthorised access to eBay systems that may have exposed some customer information. There is no evidence that financial data was compromised and there is no evidence that PayPal or our customers have been affected by the unauthorised access to eBay systems. We are working with law enforcement and leading security experts to aggressively investigate the matter.

As a precaution, we will be asking all eBay users (both buyers and sellers) to change their passwords later today. As a global marketplace, nothing is more important to eBay than the security and trust of our customers. We regret any inconvenience or concern that this situation may cause you. We know our customers and partners have high expectations of us, and we are committed to ensuring a safe and secure online experience for you on any connected device.

Click here for updates and additional information.

Regards,

The eBay Team

[matthewmcdonald]

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@haklin4 wrote:

Found out in fact you can get 2 step authentication with a free app.

https://www.paypal-community.com/t5/Tips-from-Moderators/PayPal-Security-Key/m-p/433633#U433633

Scroll down to the bottom of the thread and grab the app. I'm now using it to login to eBay and PayPal. This app needs to be promoted on the front page of ebay as far as I'm concerned!

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What difference does having two factor authentication make if eBay allows people to steal all your personal information! Two factor authentication is like having a vault for your front door whereas on the rear door you have a cardboard cored door. There is no point in using high security unless you have it everywhere.

[matthewmcdonald]

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@davewil1964 wrote:

That's the modern way, isn't it?

Sue 'em.

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Why not? Companies are entrusted with our personal information and should be legally responsible for losing it and if that means a class action lawsuit so be it. I'd join in so that a message is sent to companies like eBay that they have a responsibility to secure our data instead of gouging us for as much money as they can.

[willpetewaitara]

If anybody reads arabic then suggest you read some of the news filtering through various online publications.

Reports suggest the privacy breech was both eBay and Paypal by organised criminal entities who utilise the captured personal information for identity theft, primarily for people movement (people smugglers, illegal immigration scams etc).

Apparently these groups are not interested in draining your bank account or credit cards, but rather use the information to establish false identy credentials under your name.

I'd suggest establishing a new eBay ID using a false name (Fred Smith), date of birth (any DOB), and disposable mobile phone and credit card linked to any eBay or Paypal account (can be purchased at any post office).

Under no circumstances use your real identity or financial infirmation for transacting on eBay, and as for request from Paypal demanding your provide Bank Details, Passport information and Photo ID information to verify your Paypal account or to comply with Australian money laundering laws, just ignore such requests as Paypals lies as much as eBay out why they want such info.

You can establish a "simple ID" on Paypal with a pay-as-you-go credit card for payments to sellers.

Ebay are definately not telling the truth about the scale and exact nature of the apparent security breech.

[davewil1964]

And if you're a seller, where do you withdraw excess Paypal funds to?

I'm fairly sure you can't do it to a PAYG card. Even a reloadable one. Which will require you, probably, to provide the very details you're trying to bypass.