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Ebay Urges Users to Change Their Passwords

Ebay has emailed all of its users and requested they change their passwords after a cyber-attack compromised its systems.

The Online Marketplace website confirmed in a press release that the company had been hacked between late February and early March 2014 with hackers targeting encrypted passwords and non-financial data. The company has commented that it has had no evidence that there has been any unauthorised activity to its members accounts in relation to this attack.

Despite this, Ebay has sent out an email to all of its users advising them to change their passwords and that it would be “best practice and will help enhance security for eBay users”.

Ebay’s corporate website said that “information security and customer data protection are of paramount importance to eBay Inc., and eBay regrets any inconvenience or concern that this password reset may cause our customers. We know our customers trust us with their information, and we take seriously our commitment to maintaining a safe, secure and trusted global marketplace.”

Although it’s unsure who exactly hacked into the company, it’s known that the hackers accessed Ebay through compromising and employee’s log-in credentials which allowed them to “unauthorised access to eBay’s corporate network”.

Ebay also owns the money transfer service company PayPal, however the company has confirmed that there is no evidence that PayPal’s data (which is stored separately) has been accessed.

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