News: Yahoo, PayPal, eBay Roll Out Authentication Technology
Category: General News
Posted: October 4, 2007 09:19AM
- In attempt to stop fraudulent e-mails and phishing attacks, Yahoo Inc., eBay Inc. and PayPal have joined forces to protect it's customers. With the adoption of digital e-mail signing technology, and the power of DomainKeys, it provides a unique way to verify the authenticity of e-mail messages, allowing Internet Service Providers (ISPs) to determine if messages should be delivered to a customer's inbox. The collaborative effort between Yahoo7, eBay and PayPal will block unauthenticated e-mail, reducing the volume of counterfeit e-mail and lowering the risk of unauthorized account activity and identity theft due to phishing attacks. The technology upgrade will be rolled out globally over the next few weeks to users of the service.