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EBay Is an Example of an Online Company That Has

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eBay is an example of an online company that has been faced with numerous security issues.For example,imagine you purchase a digital camera on eBay.Three months later you might receive an email asking you to log in to the system to update your credit card or PayPal information.Of course,this email is not actually from eBay and as soon as you log in your information will be stolen.What type of information security breach would you consider this to be?


Definitions:

FMV

Fair Market Value, the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Basis

The amount of investment in something for tax purposes, used to calculate gain or loss when the property is sold.

Taxable Gain

The increase in value of an asset or investment that is subject to taxes when sold or disposed of.

Fiscal Year-End

The conclusion of a 12-month accounting period for which an organization plans its financial reports and statements.

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