May 27, 2014 By Sharon Solomon |
eBay, the world’s largest and most used eCommerce platform, has suffered a major security breach. More than 100 million users have been affected in what has become this year’s biggest cybercrime so far. It’s still not clear how the intruders gained access to the eBay databases, but this is definitely the right time to bolster application security.
Identity/data theft has become serious problem in recent years. The aforementioned eBay breach is still creating waves as millions of usernames, passwords, phone numbers and physical addresses have been stolen.
“Cyber-attackers compromised a small number of employee log-in credentials, allowing unauthorized access to eBay’s corporate network,” eBay recently commented. “The company is aggressively investigating the matter.”</Read More>