PayPal confirms that the phishing hole has now been fixed

PayPal confirms that the phishing hole has now been fixed

PayPal is an online transaction service provided by ecommerce giants eBay. The service has now said that they have fixed a flaw in its Web site to block a sophisticated scam, which enabled hackers to steal sensitive data from members.

Using this flaw, hackers were able to redirect people from a PayPal Web page to an online web page hosted in South Korea. The user still was left under the impression that he was entering his details on the legit PayPal webpage.

Amanda Pires, a PayPal representative said in a statement on this security glitch discovered in their system: “As soon as we became aware of this scheme, we changed some of the code on the PayPal Web site. So this scheme, or any scheme like it, can no longer be effective.”

The company is also currently working with the Internet service provider in South Korea to somehow get that malicious site closed down. PayPal however said that they have no figures on how many members of their service were affected by this flaw.

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