eBay fraud ‘halved in a year’

The online auction firm has seen improvements in security, despite many fraud attempts, writes Adrian Weckler.

29th March, 2008

The online auction firm has seen improvements in security, despite many fraud attempts, writes Adrian Weckler.

Online auction site eBay.ie has cut the amount of account fraud in half since last year, a senior spokeswoman has claimed.

Vanessa Canzini said the auction website stops ‘‘85 to 95 per cent’’ of account takeovers before the end of an auction. An account takeover occurs when a fraudster hacks into an eBay account and uses it to...

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