Online auctionhouse eBay is to roll out a system designed to reduce fraud from spammers and phishers to its core North American sites, after initial trials on eBay Motors, and later UK and Australian branches of eBay, were shown to be effective. The 'Safeguarding Member IDs' (SMI) system aims to reduce bidders' exposure to phishing attempts by concealing bidder identities in high-value auctions.
The normal system, wherein all bidders on an item can be checked out freely, is designed to minimise 'shill' bidding - a seller boosting their profits by placing bids themselves or through fake accounts. Such practices are banned by eBay, but for higher-value auctions will in future be defended against via other methods, as the exposure of bidder details grants easy targets to phishers sending spoofed 'Second Chance' auction notices, or even offers of private, off-list sales. The changes to the system, with bidders identified only by aliases, will be rolled out later this week to the main eBay.com site, as well as eBay Canada, and will affect auctions reaching over US$200 (or CA$220).
'eBay, and its online payments subsidiary PayPal, are well known as hugely popular targets for phishing, with most email users accustomed to deleting a handful of requests for account details on a weekly if not daily basis,' said John Hawes, Technical Consultant at Virus Bulletin. 'Big spenders are obviously prime targets for these scammers. We do see fairly frequent offers of second chances to buy items we've never thought of wanting spammed out at random, so this won't entirely stop this type of phishing, but any effort to protect users and keep down the fraud has to be a good thing.'
eBay's announcement of the decision is posted on its announcement board, here.
Wednesday, January 10, 2007
EBay Doubles Amount of Guaranteed Refund
said Wednesday it's doubling to $2,000 the amount it guarantees will be refunded for items not delivered or are damaged upon delivery.
Items subject to the new gurantees must be purchased using eBay's PayPal online transaction service, the company said.
The move is part of eBay's stepped-up efforts to address concerns about fraudulent sellers, especially in China where the company also recently imposed restrictions on selling.
Read more http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20070110-000666-0942
Items subject to the new gurantees must be purchased using eBay's PayPal online transaction service, the company said.
The move is part of eBay's stepped-up efforts to address concerns about fraudulent sellers, especially in China where the company also recently imposed restrictions on selling.
Read more http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20070110-000666-0942
Dad buys 3 snowballs on eBay for his kids
hree snowballs from Loveland have sold on the eBay Internet auction site for $200.
Chris Hansen, a firefighter from Milford, Conn., said he bought the snow for his daughters, ages 12, 14, and 16.
With the East experiencing unseasonably warm weather, Hansen said his daughters got everything they wanted for Christmas except snow.
Hansen went online and found the listing by Mary Walker of Loveland, who auctioned off snow from two monster storms that dumped more than 4 feet along the Front Range.
Hansen said he plans to freeze the snowballs until his family decides what to do with them.
Walker, who said her listing was meant as a joke, initially refused to accept Hansen's money, but he insisted. Hansen was a winner among 100 people following three days of bidding.
Read more http://www.chron.com/disp/story.mpl/bizarre/4460521.html
Chris Hansen, a firefighter from Milford, Conn., said he bought the snow for his daughters, ages 12, 14, and 16.
With the East experiencing unseasonably warm weather, Hansen said his daughters got everything they wanted for Christmas except snow.
Hansen went online and found the listing by Mary Walker of Loveland, who auctioned off snow from two monster storms that dumped more than 4 feet along the Front Range.
Hansen said he plans to freeze the snowballs until his family decides what to do with them.
Walker, who said her listing was meant as a joke, initially refused to accept Hansen's money, but he insisted. Hansen was a winner among 100 people following three days of bidding.
Read more http://www.chron.com/disp/story.mpl/bizarre/4460521.html
Tuesday, January 9, 2007
An Innovative Way to Buy and Sell on eBay for Both Experience and Novice Users
An innovative software(http://www.internetbizcenter.com/ebay/index.htm)has been developed to help anyone who wants to trade on eBay. This software will extract those items listed on eBay that have misspelled words in the title. The Users will then use these information to buy and sell on eBay.
(PRWEB) January 8, 2007 -- An innovative way to buy and sell on eBay has been developed for both experience and novice Users. This method exploits the mistakes made by eBay sellers where they have misspelled the words in the title of their listing. This innovative method made used of a software whereby it can extract those listings that have misspelled words in the title. The Users of the software (http://www.internetbizcenter.com/ebay/index.htm)can then make use of this information to trade on eBay.
Read more http://www.prweb.com/releases/2007/1/prweb495739.htm
(PRWEB) January 8, 2007 -- An innovative way to buy and sell on eBay has been developed for both experience and novice Users. This method exploits the mistakes made by eBay sellers where they have misspelled the words in the title of their listing. This innovative method made used of a software whereby it can extract those listings that have misspelled words in the title. The Users of the software (http://www.internetbizcenter.com/ebay/index.htm)can then make use of this information to trade on eBay.
Read more http://www.prweb.com/releases/2007/1/prweb495739.htm
Order of Canada Medal Auctioned Through Email, Not EBay
Danielle Godard - All Headline News Staff Writer
Toronto, Canada (AHN) - One of the first Order of Canada medals given out is being auctioned off through e-mail after eBay refused to let the owner flog it on its site.
The medal is being auctioned anonymously and has had expressions of interest from hundreds of interested buyers.
Nearly 40 years ago, Quebec historian Gustave Lanctot was awarded the medal and at the time of eBay's removal of the auction, the bidding had already reached $15,000 and received 8,500 hits to the website.
Read more http://www.allheadlinenews.com/articles/7006073748
Toronto, Canada (AHN) - One of the first Order of Canada medals given out is being auctioned off through e-mail after eBay refused to let the owner flog it on its site.
The medal is being auctioned anonymously and has had expressions of interest from hundreds of interested buyers.
Nearly 40 years ago, Quebec historian Gustave Lanctot was awarded the medal and at the time of eBay's removal of the auction, the bidding had already reached $15,000 and received 8,500 hits to the website.
Read more http://www.allheadlinenews.com/articles/7006073748
eBay launches business high-fliers
Auction sites are increasingly being recognized as a breeding ground for serious business men and women, as the growing band of entrepreneurs making a healthy living out of selling their wares online can testify.
Clare Price is one of them.
The 32-year-old left the security of a high-flying job to set up in business on eBay.
Once operations director of an IT services business -- working on the customer service, not technology, side of the business -- she started trading online two years ago, after netting a bargain in the January sales.
Price, from Hayling Island, near Portsmouth, snapped up limited edition Italian designer lamps for £5 ($9.79) each, and made six times that after selling them for £70 per pair.
She then sourced other lamps from a department store supplier and bought a car-full. She sold them within a week.
Read more http://www.cnn.com/2007/BUSINESS/01/02/ebay.career.reut/
Clare Price is one of them.
The 32-year-old left the security of a high-flying job to set up in business on eBay.
Once operations director of an IT services business -- working on the customer service, not technology, side of the business -- she started trading online two years ago, after netting a bargain in the January sales.
Price, from Hayling Island, near Portsmouth, snapped up limited edition Italian designer lamps for £5 ($9.79) each, and made six times that after selling them for £70 per pair.
She then sourced other lamps from a department store supplier and bought a car-full. She sold them within a week.
Read more http://www.cnn.com/2007/BUSINESS/01/02/ebay.career.reut/
Directions to his stolen GPS? Found it on eBay
A would-be customer, shopping on eBay for a new GPS satellite system, found one that fit the bill a little too perfectly: It's the one that was stolen from him.
Danial Rangkar, 25, of Great Neck, was awaiting arraignment Monday on a charge of criminal possession of stolen property after allegedly trying to sell not only the victim's stolen GPS device, but dozens of other electronic items including laptop computers, digital cameras, iPods, cellphones and other hand-held communications devices.
The name of his attorney was not immediately available.
Read more http://www.nydailynews.com/front/breaking_news/story/486828p-409886c.html
Danial Rangkar, 25, of Great Neck, was awaiting arraignment Monday on a charge of criminal possession of stolen property after allegedly trying to sell not only the victim's stolen GPS device, but dozens of other electronic items including laptop computers, digital cameras, iPods, cellphones and other hand-held communications devices.
The name of his attorney was not immediately available.
Read more http://www.nydailynews.com/front/breaking_news/story/486828p-409886c.html
Subscribe to:
Posts (Atom)