Thursday, May 22, 2014

Epic Research Singapore : Ebay Market News Update

EBay Inc. became the latest big-name retailer to be struck by a network-hacking attack, and the e-commerce and online payments giant on Wednesday urged its customers to change their passwords, to reduce the chance of their accounts being compromised. 
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EBay EBAY -0.15%  said the attack occurred “between late February and early March” and involved breaching a database that contained passwords and other nonfinancial data . EBay didn’t give any estimates for how many accounts may have been hit in the attack, but in April, the company reported 145 million “active buyers” at the end of its first quarter.

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