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If you are an eBay user, then change your passwords immediately. That is the message coming from eBay headquarters, who are facing the embarrassment of having a database hacked and users’ encrypted passwords stolen.

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Since the passwords were encrypted, it means you are not likely to see any unauthorized activity on your account – at least not yet. So it would be a good policy to pre-empt any encryption cracking and change your password now. eBay is claiming that Paypal is not affected but it wouldn’t hurt to change your password there as well, for peace of mind at the very least.

The company is also claiming that financial information was not affected. But the breached database did apparently have financial information, as well as passwords, email addresses, physical addresses, phone numbers and dates of birth. Information such as an address and date of birth could be used to impersonate someone. The only piece of good luck – if you can call it that – is that social security numbers were not allegedly in the database.

According to the Wall Street Journal, the attack happened late February to early March, but was only detected two weeks ago. Somehow the hackers got hold of some employee login credentials to the corporate network at eBay and went from there. With 145 million members, the databases at eBay are rich pickings for criminals eager to get their hands on financial information, such as credit card numbers.

There is no evidence that financial data was compromised and there is no evidence that PayPal or our customers have been affected by the unauthorized access to eBay systems. We are working with law enforcement and leading security experts to aggressively investigate the matter. — eBay

The attack at eBay follows similar attacks at Bit.ly as well as Target Target Confirms Up To 40 Million US Customers Credit Cards Potentially Hacked Target Confirms Up To 40 Million US Customers Credit Cards Potentially Hacked Target has just confirmed that a hack could have compromised the credit card information for up to 40 million customers that have shopped in its US stores between November 27th and December 15th of 2013. Read More , not to mention the recent Heartbleed vulnerability Heartbleed – What Can You Do To Stay Safe? Heartbleed – What Can You Do To Stay Safe? Read More .

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So before you do anything else today, go to eBay and Paypal, and change those passwords. Even if you use a different eBay site to the US site, still change them. Cyberattacks know no borders.

Source: eBay Blog via Wall Street Journal

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