TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

EBay hit by cyberattack, warns users to change passwords

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

By Bloomberg News
Thursday, May 22, 2014, 12:01 a.m.
 

EBay Inc., operator of the online auction site, asked users to change their passwords, because a cyber-attack exposed a database with login information and data such as birthdays and phone numbers.

There's no evidence of unauthorized activity resulting from the breach, eBay said in a statement on Wednesday. While credit-card numbers are stored separately and encrypted, it's still best to change passwords, the company said.

In recent months, Target Corp. and Neiman Marcus Group Ltd. reported high-profile consumer-data breaches, and a web-security bug known as Heartbleed was made public. In this case, hackers reached eBay's corporate network by getting access to a small number of employee passwords, prompting the company to disclose the attack.

“Cybersecurity and cyber-attacks have really become as much a part of day-to-day life as folks using the Internet and mobile offerings,” said Scott Kessler, an analyst at S&P Capital IQ in New York. “This seems like mostly a precaution, but a precaution that companies find themselves increasingly looking to communicate about.”

EBay, based in San Jose, Calif., is asking users to change their passwords on its service and on any other site where that password is used. Activity on eBay's website has been normal since the breach was revealed on Wednesday, showing no impact from the announcement, according to a person with knowledge of the matter. Kari Ramirez, a spokeswoman for eBay, declined to comment.

EBay said it's working with police and security experts to investigate the breach, which occurred between late February and early March. The database that was compromised contained encrypted passwords and personal information on eBay users, though not financial data nor any personal or financial information about customers of its PayPal payment unit, the company said.

“PayPal data is stored separately on a secure network, and all PayPal financial information is encrypted,” eBay said.

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Natrona Bottling Co. keeps soda pop operation small, putting effort into craft, taste
  2. PPG Industries to buy Westmoreland Supply paint store chain
  3. Large-scale batteries are integral in shift to renewable energy
  4. Student loan debt presents paradox
  5. Plastics, tech sectors crucial to cracker plants
  6. Energy Spotlight: Steve Anthos
  7. EDMC loses $664M; executives receive six-figure bonuses
  8. Open enrollment puts varied impact of health care law back in focus
  9. Hackers rip into heart of open-source software
  10. Mortgage in reach despite few dings
  11. 113 Federal Reserve staffers earn more than chief Yellen
Subscribe today! Click here for our subscription offers.