Advancements in technology now allow the cyber criminals to carry out the hacking process in a routine manner. Yes, a recent cyber-attack was made on the global auctioning site, eBay and lets discus this newsflash in detail through this post.
EBay attack came to know
Everyone knows that the eBay is a great commerce leader that connects millions of sellers and buyers around the world. This largest online marketplace was founded in the year 1995 and its users are allowed to sell and buy through PayPal. In a press release, eBay has revealed that the hackers gained unauthorized access to its million customer database during the month end of Feb and beginning days of March. But it was detected only 2 weeks before and hence eBay users were asked last night to change their passwords.
EBay added that the attackers compromised a database that has personal information like home address, email, date of birth etc. and not with the financial information like credit card number & PayPal details. And, good news for the eBay customers is that their passwords were encrypted with “hashing” technique and therefore the customer’s passwords are harder to decrypt as it uses Dashlane Password manager.
Now, the dangerous thing for the eBay clients is that the hackers know their personal details like address & phone no and hence they might call them to provide fake details and offers. EBay already told that a big amount of accounts may have been compromised but it refused to show the exact count. So the eBay customers were advised by security experts to be on alert for fraud approaches.
Various security strategists suggested people to stop reusing the passwords and they should change their affected login credentials on all the websites where they are used. Definitely, it would be serious risk if the hackers unscramble the passwords. However, eBay stated that there is no indication of enlarged fraudulent activities by the hackers and moreover till now, there was no proof that its PayPal payment service had been breached.
eBay’s reaction after this slashing
eBay Inc. is working with law enforcement & chief security experts to investigate this matter and some best tools have been applied to protect account of customers. They also stated they’re taking serious actions to maintain a safe and trusted global marketplace. Users have been asked to reset their password and encouragingly, they told that their financial data are safe.
What can be done from a hacked eBay account?
If an eBay account got hacked by resetting the password, then
- Without knowing the user’s PayPal login credentials, the attackers can place orders.
- Even though, the hackers can’t steal money from the PayPal account, they can bid/buy on behalf of users before they know it.
- Likewise, they can place false items for sale which would spoil the user’s reputation.
- The users might get phishing emails to change their password which would redirect to a fake website to steal the login credentials.
Instructions to change password for eBay account
The eBay users should follow these instructions to modify their password
- After signing into the eBay account, the users should click “Account settings option”
- On the personal account page, the link for “Personal information” should be clicked.
- By clicking “Edit ink”, they will be provoked to enter either their email address or eBay User ID to reset their password.
- eBay will give two options (through email or text message to enter the PIN no) to change their password
- It would be upright to use a reliable password manager to create strong password.
- After clicking the link in the mail or typing PIN which have got through the text message in appropriate place, the users can enter the new password.
Recently, a cyber-attack was made on largest E-commerce website, eBay and hence its users have been asked to change their passwords. EBay believed that there may be large no. of accounts were affected and declined to comment on the no. of accounts hewed. As its online payment service was unaffected, eBay customers can stay peaceful with it but they might get fake calls or reputation loss with deceitful activities of the hackers. It is still unclear that the hackers are able to decode the passwords to perform falsified actions. So it would be better for eBay clients to keep an eye on their buy/sell process and follow the password suggestions given by the company.
Are you eBay user? Did you change your password over there? I hope you find this post useful and be alert to protect your eBay account and credibility as well. I always show keen interest to discuss with you through comment section, so express your views related to this eBay matter.