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Heads really ought to start rolling at PayPal. Their general approach to security is, quite frankly, appalling. Is there any possible rational for Paypal to gi
by Bluestrike2 13y ago
Heads really ought to start rolling at PayPal. Their general approach to security is, quite frankly, appalling.
Is there any possible rational for Paypal to give the last four digits of his card number to "him" over the phone? Given that they're routinely used for verification, it's as if they've never heard of social engineering. It's simply inexcusable.
And it's almost as bad as the ridiculous "Log In Without Your PayPal Security Key" option that lets you bypass 2-factor auth and head straight to the ultra-secure world of the ridiculous security questions such as the ever-popular "what city were you born [that's also listed on Facebook]" and what not. I still can't believe they think that's a good idea.
- autarch 13y agoThe attacker was posing as a PayPal employee, not the card owner. Of course, PayPal still needs better security, but posing as an employee of the same company is a classic social engineering exploit.
- Aqueous 13y agoAnd that part was never really answered either. How can he pose as an employee calling in from an outside line? Does PayPal not tell you when an extension from PayPal is calling you?
- phpnode 13y agohe was probably posing as an employee of the account holder, not paypal
- xauronx 13y agoOhh, good point. I never thought of that. I assumed employee of Twitter as well.
- baddox 13y agoWho cares what number the call was coming from. Security 101 for these phone techs should say something like "don't give out any information over the phone, even if the CEO calls and threatens to fire you if you don't." Or better yet, have much stricter protocols that deny the phone tech access to the information, so even if the caller threatens the tech personally, the information is safe.
- aragot 13y agoIronically, PayPal's core business _is_ security. The founder's interview [1] describe the beginning as a constant race against fraud, which no other bank was willing to compete in: "You're going to go bankrupt when the chargebacks start". The was a locked room with a screen-and-keyboard-only computer where you could research about transactions and find suspicious and fraudulent ones. According to the founder, it became PayPal's core asset. [1] in the book Founders At Work, which I recommend.