Quote:
Originally Posted by Neal Stevens
Been using Paypal for thousands of transactions since 2002, never had an issue. They have support you can speak with by phone.
Skybird, that's true with any bank, merchant or utility. Has Paypal's server been hacked?
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Remember Sony's promise some years ago at launch date of their PS3 that their servers are "unhackable"?
Where there is gold in a chest, pirates are not far away. And banking accounts on a server are chests bursting with gold and jewelry.
I just remind of that collections of such data are prey attracting a lot of attention.
I also remind of the many data accidents we have seen with military data. Lockheed loosing some terabyte of data on the F-35 to a probably Chinese hacker attack. Employees in the British MOD loosing or misplacing notebooks and datasticks. And so on.
Paypal may not have been hacked so far. But they sure as hell are positioned right in the centre of the crosshairs.
It is sound advice to instruct your bank to have limits on money that can be transferred per day. I have set that limit to the highest regular monthly payment that is automatically made for house maintenance costs. Any abuse of your paypal account would run into a wall there at the latest, plus it would ring the alarm bell.
And you are right, my criticism is valid for every shop I use online. That'S why I have deleted my ebay account this summer, my paypal account longer time ago (in protest over the Assange affair), my Visa-card. All transaction I cannot or want not to avoid I do via other people'S accounts.
Only Amazon I risk to leave active, but I know that there is a risk for sure. Else I only use shops where I can pay via manual money transfer after delivery.
Sorry dear BND and NSA, I think my electronic signature is relatively small for today's standards.
I'm a cash money fetishist.