Romanian Detained Over eBay Cyber Fraud

Romanian detained over a $3 million cyber fraud against eBay Inc.

Very interesting article from abc news:

Romanian authorities have detained a man suspected of committing cyber fraud worth $3 million against the company eBay Inc.

Organized crime prosecutors say Liviu Mihail Concioiu is being investigated for “phishing” attacks against 3,000 of eBay Inc. employees.

They said Thursday that Concioiu allegedly stole the employees’ IDs and passwords in 2009 and accessed company files, including an application with the data base of eBay clients and their transactions. Concioiu then used “phishing” sites to access the accounts of about 1,200 eBay users.

It would appear the ebay database has been hacked, cracked, and zombied AGAIN.

(or is that still?)

Also notice how the term ‘phishing’ is constantly used.  ebaY doesn’t like the “H” word it seems. But “phishing” alone does not get you access to the files and data described. We call that “HACKING

rotflmao! Who could imagine?

It also tells us that ebay employees must not be too savvy if they are falling for whatever tricks are being used to gain the logins etc.

No mention of any response from ebay.

With IT’s long and repeated history of such events, you should ask yourself whether you trust this unsafe outfit with your personal and financial data?