PayPal accounts compromised over 16 months; No response from eBay

October 30, 2008 · Filed Under Internet Marketing, Online Shopping, Other auctions news, eBay News 

Online payment service PayPal has had an exploit on its hands for at least 16 months and counting, and seems to have no resolution for it. A tipster forwarded us screenshots of the fraud, which involves a dummy subscription service to PayPal’s sister company Skype, all part of the eBay corporate family. Using the fake Skype subscription, several small charges are made against a PayPal account, all in the same dollar amount.

This article from The Industry Standard 28 October 2008
Read more of this article at The Industry Standard site.

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