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eBay Advises Users to Change Passwords

eBay is advising users to change their passwords after a cyber-attack compromised its systems.

The online marketplace said the firm had been hacked between late February and early March and had contained encrypted passwords and other non-financial data.

The company said changing passwords was the best practice for users, to help enhance their security.

The company currently has around 128 million users and accounted for $212bn worth of commerce on its various marketplaces and other services in 2013.

The firm said they would contact users via email or social media to advise them on the password change.

A post on eBay's corporate site said that cyber attackers had accessed the information after accessing the log-in credentials of a small number of employees, which then allowed them to access the systems.

The post said: "The database... included eBay customers' name, encrypted password, email address, physical address, phone number and date of birth.

"However, the database did not contain financial information or other confidential personal information. Extensive forensics subsequently identified the compromised eBay database, resulting in the company's announcement today."

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