The problem with spam and phishing has become so much of a problem that Google, has resorted to using Yahoo’s patented DomainKeys technology to protect their email users through Gmail with the security system. DomainKeys was patented and developed by Yahoo but was released under a dual license under the GNU General Public License which allowed the software technology to become a widely accepted internet standard. It uses encryption technology to verify that the domain from which mail comes from is in fact the true source of the sent mail blocking re-directed spam and other malware from taking flight. These types of technology have been vital in the protection of consumers who do online shopping, many of whom fall victim to fake and phishing scams resulting in financial losses.
Internet companies themselves get victimized in terms of the resources they have to allocate to resolve such incidents that start from eBay transactions gone bad that hackers use as phishing tools. Once these people get their hands on the account information of legit users, they go on expensive shopping sprees that costs the e-commerce industry a lot of lost revenue. It also causes a lot of misinformation on the security and reliability of online stores (some are truly legit but most are well…..). Hopefully more and more fake PayPal and eBay scams would be denied giving people more time to develop better protection systems. There are a lot of tips on the internet about online safety with regards to these email and other scams so you’d better brush up and stay informed of the latest news if you love online shopping and haggling over eBay. Safe online Shopping everyone!!