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Customers Hit by Another eBay Scam

November 5, 2014 | By Editor 

Summary

eBay is a shopping paradise especially for people who love shopping for bargains. The e-commerce firm has had its share scams. Joining that list is a new scam that may land shoppers on a fake eBay log-in page.

Buyers unaware that they are on the bogus website may give hackers full access to their personal account details, including user names, passwords, address, and credit/debit card information.

Latest eBay Scam Tricks Users to Reveal Account Passwords

  • According a CBS News report, the latest eBay scam targets shoppers who view the listings on the e-commerce website. Just by clicking on a product with an attractive price (a too good to be true price), the user is moved to a series of phony websites that look exactly like eBay.
  • So, if you are already logged in and the website asks for your username and password, consider it as a warning that you may be on a phony eBay site.
  • Studies say that the moment the user enter his or her username and password, the information immediately falls into the hands of the hackers. If the user uses the same password for multiple accounts and websites, it could lead to an even bigger data breach of personal credentials.
  • This could allow hackers to gain easy access into other online accounts including banking, mail, and social media accounts.

 

eBay Scam

Why Does it Happen and What is the Best Way to Avoid It

  • Why and how does scam happen on eBay? The e-commerce site allows vendors to use Flash and Java scripts to add design elements to their product listings. However, this flexibility allows hackers to add malicious codes, a practice known as cross-site scripting.
  • The scammer sets up an eBay product listing that look absolutely legitimate. The user clicks on a deal, transfers the payment, and received nothing in return. Once the job is done, hackers basically pack their bags and run away with the money.
  • What is the best way to avoid the scam? Users should check the site address in the Web browser bar to ensure they are on the actual eBay site. Users should pay attention to HTTPS and a padlock symbol in the address bar,  two signs that confirm the eBay shopper is on a legitimate website.
  • Also, it is very important to exercise caution while clicking on any item that looks really tempting. For example, If you are shopping an Apple iPhone and see a listing that offers the smartphone  for $100, one click could transport you to the phony website.
  • However, you need not worry, Since it is likely that you will be required to re-login  for the scam  to begin. So do not lose your calm, if you do happen to click on the fake listing.
  • Just ensure you do not give in your username and password. Exit the page and, to be on the safer side, reset your eBay password.

Conclusion

Scammers have targeted eBay users for years and this being just another feather in their cap in recent times. In May 2014, eBay users were notified to change their passwords in the wake of a attack that stole employee login information. The e-commerce firm stated that no customer account details were stolen in the cyber attack.

In early September of 2014, an eBay site outage that was suspected to be the work of cyber criminals was reported. eBay vendors worldwide experienced difficulties in logging into their accounts, with some merchants finding all of their product listings vanished.

Fortunately the issue was caused by website maintenance and vendors were ready and running several hours after the website outage started.

The eBay market places much emphasis on the buyer. But when issues arise, both the site and buyers are equally affected. Online retailers just need to be wary of their sellers, and allow only legitimate merchants to sell on their sites.

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