The eBay Password Breach and its Implications
eBay announced to its customers on May 21, 2014 that its network had been breached […]
eBay announced to its customers on May 21, 2014 that its network had been breached by attackers. The result of the Ebay password breach is that attackers were able to access a database containing customer information — specifically, usernames and “encrypted” passwords. In this video, Elastica describes what has been said publicly about this attack and dissects its implications. In particular, Elastica explains what it means for passwords to be encrypted, and explains the salting and hashing paradigm employed by eBay (and other companies) to protect passwords in databases against breaches.