Friday, May 23, 2014

eBay admits to massive security breach in Feb, March

eBay admits to massive security breach in Feb, March

FierceCIO
17 minutes ago

Written by
Paul Mah

eBay has suffered a massive security breach, and is urging its users to change their passwords as a precautionary practice. This much emerged after the company sent out emails to its users informing them of the cyber-attack.
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eBay
 

eBay admits to massive security breach in Feb, March

eBay has suffered a massive security breach, and is urging its users to change their passwords as a precautionary practice. This much emerged after the company sent out emails to its users informing them of the cyber-attack. The company also published a post that offered a little more information of what exactly happened.
According to the company, hackers accessed internal databases between late February and early March after obtaining a "small number of" employee log-in credentials. These were subsequently used to infiltrate the corporate network and eventually culminated in the data breach.
It is understood that the hackers successfully accessed and copied data including names, dates of birth, phone numbers, physical addresses and email addresses from internal servers. In addition, "encrypted" passwords--probably hashed so that they are not in plain text--were also stolen. eBay says that credit card numbers and other financial records were not touched, as they were stored separately.

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Sign up for our FREE newsletter for more news like this sent to your inbox! The eBay breach is noteworthy because it has 128 million active users, and the stolen data could be leveraged for social engineering purposes or as part of identity theft scams. In the meantime, users who use the same password across multiple sites should change their passwords, and seriously consider using different passwords for different web services.
For more:
- check out this article at Forbes
- check out this article at The Register
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