What I Learned From Getting My eBay Account Hacked
An unfortunate and largely self-imposed hack of his eBay account gave Fool contributor Tim Beyers an up-close look at how the auctioneer deals with breaches. He shares his findings in the following video.
In this case, Tim says a hacker cracked his overly simple seven-letter password and immediately changed his address and contact information. eBay quickly detected fraud in the buying spree that followed and canceled each of the related transactions. But the case wasn't closed.
Efforts to change his password and contact details proved elusive, even after getting a rep on the phone, Tim says. That the process took so long bodes poorly. After all, good security is only half the equation when it comes to carving out a larger-than-average slice of the growing e-commerce pie. Online sales could eclipse $1.6 billion on Black Friday alone, according to a new forecast from Adobe.
Should investors be concerned? Tim answers this question and more in the video. Please watch now and then leave a comment to let us know what you think.
Stocks so secure you can bank on them
Dividend stocks can make you rich. It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
The article What I Learned From Getting My eBay Account Hacked originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Amazon.com and eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.