eBay Draws Criticism For Allowing Hacking

Mark Melin

Published onSeptember 22, 2014

Updated on May 13, 2021

eBay Inc (NASDAQ:EBAY), among the world's largest electronic market places, is coming under attack for allowing apparent rule-abiding user accounts to be hacked by malicious fraudsters – and then in some cases is holding the victim of the hack responsible for the fraudster’s selling fees.

Table of Contents

Innocent users hacked to place fake listings on eBay

A recent BBC study found that Innocent user accounts were hacked so as to place fake listings on eBay Inc (NASDAQ:EBAY). Many of the targeted accounts had 100% positive feedback, and had sold hundreds of...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

eBay Draws Criticism For Allowing Hacking

Innocent users hacked to place fake listings on eBay

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eBay Draws Criticism For Allowing Hacking

Innocent users hacked to place fake listings on eBay

Membership Required

Premium Members Get EVEN MORE VALUE

Subscribe to Hedge Fund Alpha

Don’t have an account?

More News

Fund Survey: Increased Optimism About Soft Landing; Recession A Less Likely Scenario

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