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eBay Breach: Is Your Identity Up For Auction?
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Marilyn Cohodas
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Marilyn Cohodas,
User Rank: Strategist
5/23/2014 | 11:20:13 AM
Supply & Demand
Fascinating article, JD. Especiallly about the shift from card data to PII. Do you know what exactly these cybercrooks are harvesting from ebay? What does $100 get you from Facebook?
jd.sherry
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jd.sherry,
User Rank: Author
5/23/2014 | 11:25:42 AM
Re: Supply & Demand
Thank you! Full credentials and cart blanche on the account Marilyn.
Marilyn Cohodas
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Marilyn Cohodas,
User Rank: Strategist
5/23/2014 | 11:31:13 AM
Re: Supply & Demand
That's pretty creepy and scary. I guess I'll be spending some time locking down my social accounts. What's the best play to start?
jd.sherry
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jd.sherry,
User Rank: Author
5/23/2014 | 12:13:34 PM
Re: Supply & Demand
Anywhere you can enable two factor authentication with your social media accounts or any accounts for that matter is a great place to mitigate stolen credentials.  Also, there are solid platforms that integrate well with social media privacy settings especially FB and Twitter. See this blog on what you can do to protect privacy as well. http://blog.trendmicro.com/trend-micro-privacy-scanner-can-help-balance-privacy-sharing-social-networks/#.U39ylVhdUbc

Additionally, here is another way to help detect malware with a free service for FB users. https://www.facebook.com/TrendMicroTitanium/app_361071450629111
RyanSepe
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RyanSepe,
User Rank: Ninja
5/23/2014 | 6:38:53 PM
Experian Data Leak
The experian data leak is the most concerning part of the article for me. Since we have very little control over this realm. Is there anyway this risk can be mitigated from a user standpoint because even if you don't have any interaction with experian directly, they are a bureau that make it there business to have data about you? I don't believe there is any opt out clause here besides using cash for your entire life.

Any tips?
Joe Stanganelli
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Joe Stanganelli,
User Rank: Ninja
5/25/2014 | 10:34:40 AM
It's been so long since I've used eBay...
...Perhaps the hackers can remind me what my password is.
jd.sherry
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jd.sherry,
User Rank: Author
5/25/2014 | 10:44:22 AM
Re: Experian Data Leak
Great question.  I think as we see the pending EU data privacy regulation unfold that organizations will fundamentally have to pay more attention to this globally.   Serious fines will be levied against organizations that leak data (up to 5% of global sales).  Cyber security investments will become a larger part of their "cost of doing business."  These fines will also be on top of the traditional lawsuits and brand damage that occurs post a breach.  Just look at Target with sales down over 30%. Experian's stock is also down post breach.
RyanSepe
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RyanSepe,
User Rank: Ninja
5/25/2014 | 11:18:34 AM
Re: Experian Data Leak
Thats all well and good moving forward however in the current time, this does not help mitigation of the leak for the user. If there is nothing that can be done from the enterprise or user perspective in this regard then it seems that the only plausible way to detect if you information is being used malicious is to stay attentive. Monitor you credit history every 4 months which is free and feasible or use a credit checker. Otherwise you are at the mercy of the exploiter.
SachinEE
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SachinEE,
User Rank: Apprentice
5/26/2014 | 12:54:34 PM
Re : eBay Breach: Is Your Identity Up For Auction?
Do you know why Google and Facebook accounts information are more expensive when being sold in the black-market? They have stiff privacy measures for their users and this means it is very difficult for hackers to access other people's information. eBay should try borrowing a leaf from these companies in making their privacy policies safe, hacking-free and effective. In doing this they will win back their customers trust.
voxelman
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voxelman,
User Rank: Apprentice
5/29/2014 | 10:02:16 AM
Re: Re : eBay Breach: Is Your Identity Up For Auction?
Both eBay and Paypal offer two-factor authentication. I have a security FOB that provides an ever changeing numeric addendum to my password to prevent the vulnerability issues associated with single factor authentication. This is a feature that is available to all eBay and Paypal users.


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