Do you worry about the safety of your personal information when you register to use an online service or shop online? While many may overlook potential security risks, millions have fallen victim to identity theft as a result of data theft / hacking. 145 million disgruntled eBay users had their personal information compromised earlier this year. Now this security breach has resulted in eBay being faced with a class action lawsuit! The lawsuit is founded on the accusation that the company does not offer adequate security, for protecting the personal information of its users.
What personal details were stolen? Customer’s names and email addresses, phone numbers, mailing addresses, encrypted passwords and dates of birth. As a result, 145 million eBay customers were requested to change their passwords, but this was already too little, too late. The situation is said to have cause a major decline in revenue for eBay – a problem the company is working towards overcoming.
It is said that eBay noted that security breaches were a constant threat and so knew the value of the personal information and data that it holds. eBay is further being accused of knowing that about the theft of data and not taking efficient action to report the situation to its customers.
The privacy of electronically transmitted information is protected by the Gramm-Leach-Bliley Act and the Federal Stored Communications Act, and the lawsuit states that eBay is in violation of both. The lawsuit aims at receiving a monetary payout for the potential fees and expenses that can be incurred as each member affected will need to be vigilant and keep an eye out for potential fraud in their name.
As eBay takes the necessary steps to ensure that their sensitive data is better protected, so should you. Ensure that your private information and documents are well taken care of by backing up to the cloud. Soteria cloud storage solutions will ensure that your private information remains just that – private.
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