eBay Recommends Users Change Passwords in Wake of Data Breach

Wallingford Web Keyboard Hand 300X225 eBay Recommends Users Change Passwords in Wake of Data BreachThe popular online auction site, eBay, has acknowledged that passwords and other personal information could have been compromised in the wake of a data breach. eBay is encouraging its customers to change their passwords, after admitting it suffered a data breach in late February.

In a post on its website, the online giant says it has no knowledge of users’ financial information having been stolen or misused, despite the theft of names, addresses, phone numbers, telephone numbers and birth dates.  Unlike basic user information, financial information is encrypted.

The company says it discovered the breach two weeks ago.  While eBay has an estimated 145 million users, it did not disclose how many were affected by the breach.  eBay says there is no evidence that its subsidiary online payment system, PayPal, had been hacked.

This is only the latest in a series of high-profile attacks that hit retailers Target, Nieman Marcus and others, as well as AOL last month.

Better Business Bureau recommends eBay customers not only change their eBay passwords, but ensure they don’t use the same password for other sites as well.

You can find additional tips on ID theft protection, scams and how to protect yourself from them at bbb.org.

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About Howard Schwartz

Howard Schwartz, Executive Communications Director of Connecticut Better Business Bureau, is an award-winning former correspondent and anchorman, and media consultant for Fortune 500 companies. He specializes in issues involving consumers and the marketplace.