PayPal to buy Fraud Sciences
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PayPal, a unit of online auctioneer  eBay, said on Monday that it would acquire Israel's Fraud  Sciences Ltd in an all-cash deal worth about $169 million.
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Google buys a mapquest of its own. Also: Sharp takes us to the future of television in 3-D & hellip;.  PayPal finds a way to make amends for mistakes & hellip;. and more.
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PayPal will better inform users about fraud protection under a deal announced with the attorneys general of 28 states.
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Apple Computer Inc. AAPL.O on  Friday said customers of its iTunes online music store can now  use eBay Inc.'s EBAY.O online payment service PayPal to buy  songs and audio books, becoming the second major online music  store to do so.
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The online-payment service PayPal will simplify its user agreement and better inform users about fraud protection under an agreement announced Thursday with 28 state attorneys general.
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Michael Barrett, chief information security officer at PayPal, knows exactly why his company is often targeted by phishers: It has 133 million customers moving around a lot of money. He talked about how PayPal is fighting back.
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Online auction house eBay&#39;s payment system PayPal can now be used for purchases by US customers of Apple&#39;s iTunes music store.
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(InfoWorld) - Someone used an eBay discussion forum on Tuesday to post confidential information about eBay users along with what may be their credit card numbers. The incident, first reported by AuctionBytes.com, a technology news site that focuses on e-commerce, led the e-commerce giant to shut down the forum, which ironically is devoted to the discussion of security issues. Nichola Sharpe, an eBay spokeswoman, confirmed that on Tuesday morning someone the vendor describes as "a malicious fraudster" posted the names and contact information of 1,200 eBay members on the company's Trust & Safety discussion forum. "This information could have been obtained as part of an account takeover. Since this time, our Trust and Safety team has been proactively addressing this situation," she said. Along with members' information, the "fraudster" also posted what appear to be credit card numbers. However, if that's what they are, they don't match the ones eBay has on file for the members whose contact information was disclosed, Sharpe said. "We are in the process of proactively contacting members by phone, so that if the information is valid somehow -- regardless how this fraudster acquired the information -- these members can take the steps they need to take to protect themselves," Sharpe said. The "fraudster" didn't obtain the information by breaching eBay's security systems, so eBay thinks the culprit stole the information via methods like phishing, she said. The company has posted more information in an official blog post. The incident, which eBay continues to monitor, has been broadly reported and commented on by eBay users on this long thread. In its article, AuctionBytes reported being able to access the forum and view several posts before they were removed. The posts included fields labeled "Id verified" and "Store" along with a time-date stamp of the user registration, AuctionBytes reported, adding that it hasn't been able to verify the accuracy of the information viewed.
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EBay's PayPal division recently snapped up Israeli security company Fraud Sciences, in a move that could help advance eBay in its long battle against online scammers.
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PayPal (Nasdaq: PYPL) says it has recovered from the software glitches that disrupted the online payment service starting Friday, October 8th.
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By Financial Mail on Sunday, London  Feb. 4--Fraud detectives investigating computer group Torex are looking  at an alleged conspiracy to manipulate accounts to sell it at an inflated  value.
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iTunes signs on PayPal, just in time for the holidays.
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It's new and improved. And it just nabbed $8,600. Miscreants have unleashed a new strain of a sophisticated Trojan that targets eBay users by feeding them spoofed web pages containing fraudulent information about high-ticket purchases, The Register has learned. It has already contributed to an $8,600 loss by one eBay member.â¦
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EMC announced its intentions to acquire publicly held Document Sciences for approximately $85 million in cash. Document Sciences provides enterprises with software for creating and delivering personalized, multichannel communications to customers, partners, and suppliers.
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Outages put a crimp in access at PayPal, Gawker. Also: Microsoft's latest security warnings.
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InfoWorld - PayPal&#39;s Chief Technology Officer, Scott Thompson, is a prime example of what might be called the &quot;payments geek.&quot;
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PayPal, the online payments arm of eBay Inc. , on Friday said it will soon fine people up to &#36;500 for uses related to gambling, adult content or services, and buying or selling prescription drugs from noncertified sellers.