Posted on 05/21/2014 7:19:22 AM PDT by Rodney Dangerfield
eBay Inc. (Nasdaq: EBAY) said beginning later today it will be asking eBay users to change their passwords because of a cyberattack that compromised a database containing encrypted passwords and other non-financial data.
After conducting extensive tests on its networks, the company said it has no evidence of the compromise resulting in unauthorized activity for eBay users, and no evidence of any unauthorized access to financial or credit card information, which is stored separately in encrypted formats. However, changing passwords is a best practice and will help enhance security for eBay users.
(Excerpt) Read more at streetinsider.com ...
http://www.ebayinc.com/in_the_news/story/ebay-inc-ask-ebay-users-change-passwords
Might be a good idea to change your email addy as well as your PP addy associated with your ebay account along with bank password.
I have a password manager and just changed about a dozen of my relevant passwords in no time at all.
How about I just stop being an e-bay customer? I am so tired of this crap. I already have a password safe filled with at least 100 passwords just for my personal use. Using the internet is no longer a pleasure. Tax the he$$ out of it and I am gone for good.
That was my thought too.If Ebay can’t be trusted to manage my info,forget ‘em.I changed banks a few years ago for the same reason.
WOW! That didn’t take long. The article says “later today” and I’ve already gotten two really authentic-looking phishing emails about this. Complete with ebay logo, etc.
Just counted ours. 141 passwords.
Some outfit out there says to change your passwords often and don’t write them down. Oh and don’t use the same password on ther accounts.
I quit using e-bay when they removed payment option with credit card & use only with PayPal.
How much does Ebay charge now in commissions? Is it worth it for individuals? Last I heard they were very very buyer friendly and would hose sellers. Is this still true?
Just checked my account and credit card is still an option.
Until we start hanging account hackers and virus writers from the lamp posts, this will continue.
Between the kids who think it is a game and the serious crime groups in Eastern Europe and elsewhere, plus Hollywood which loves to make heroes of cyber criminals and the great jewel/art/gold/latest computer chip heist folks, this will continue until there are people caught and seriously punished within 6 month of capture.
PayPal takes credit cards from buyers. It is my only form of payment for my online business and I also sell on eBay.
To a degree, yes. Sellers can't post negatives on a buyer, just respond to a buyer's negative, which is B/S. Luckily, I deal with reloaders and have had only one from a self-styled expert (who was wrong) on Ideal 310 dies.
Thanks for the ping.
How much does Ebay charge now in commissions? Is it worth it for individuals? Last I heard they were very very buyer friendly and would hose sellers. Is this still true?
The percentage eBay charges depends on what you are selling. This is further divided into listing fees and final value fees which also vary depending on what you are selling. If you purchase an eBay store some of these fees are discounted. My wife and I have sold quite a bit of stuff on eBay.
As an example on the surplus military items we sell... the “final value fees are usually around 10% which eBay charges based on your total gross including your shipping expenses. The listing fees depend on what extra features you include in your ad. We typically pay from 50 cents to $5 on listing fees. Then of course you are basically forced to use PayPal which adds an additional 3%. If you need to get your money in a timely manner using your PayPal Debit Card you have to pay an additional 1% and also cash machine fees.
It is very easy to sell stuff and lose money on eBay if you don’t keep track of all of these expenses... shipping is generally the biggest killer. It has always irked me that we have to pay commissions to both eBay and PayPal on shipping expenses.
I try to write extremely accurate descriptions and take dozens of detailed photographs which I post on a separate picture hosting website to save on listing fees. If you have a buyer who doesn’t read your ad or look at the pictures and is unhappy for any reason we often end up refunding all of their money and often end up paying for shipping both directions. We then have to go to the trouble of relisting and trying to get some of our eBay charges refunded. It is a losing situation that is frustrating, but that you can’t dwell on it.
So I don’t know if that answers your question too much or not enough, but if you work at it you can make money. EBay and Craigslist have saved our bacon over the last few years. But it is work and you have to make sure you figure out what your expenses are going to be... which isn’t always easy. It can also be frustrating when you actually do sell stuff and realize later you made almost nothing or even lost money.
Thanks!
Ugggghhhh they want you to change your password but the page to do that is unavailable.
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