On the 21st of May 2014, eBay’s corporate network database was hacked, with all users’ passwords being compromised they had to act quick. eBay states that there has been no evidence submitted that users’ financial information had been accessed by the hackers, however the company is telling all users to change their passwords as soon as possible.

eBay contacted CNET saying that it recently discovered that it was a victim of “a cyber attack on our corporate information network, which compromised a database containing ebay user passwords.” The companies spokesperson Evan Davis told CNET that there is “no evidence that any financial information was accessed or compromised.”

Since the hacking, eBay has posted on their official website www.eBay.co.uk urging people to change their passwords.

The database which eBay said was compromised held eBay customer’s names, encrypted passwords, email addresses, physical addresses, phone numbers and dates of birth records. Despite this, the company states that users financial information was not accessed.

A quarter of a million Twitter users have had their accounts compromised in the latest of a string of high-profile internet security breaches.

Twitter said in a blog post that the passwords were encrypted and that it had already reset them as a “precautionary measure,” and that it was in the process of notifying affected users.

The blog post noted recent revelations of large-scale cyber attacks against the New York Times and the Wall Street Journal, but unlike the two news organizations, Twitter did not provide any detail on the origin or methodology of the attacks.

“This attack was not the work of amateurs, and we do not believe it was an isolated incident,” Twitter said. “The attackers were extremely sophisticated, and we believe other companies and organizations have also been recently similarly attacked.”

Privately held Twitter, which has 200 million active monthly users, said it was working with government and federal law enforcement officials to track down the attackers.

The company did not specifically link the attacks to China in the blog post, in contrast to the New York Times and the Wall Street Journal, which both said the hackers originated in China.

Twitter, the social network known for its 140-character messages, could not speculate on the origin of the attacks as its investigation was ongoing, said spokesman Jim Prosser.

“There is no evidence right now that would indicate that passwords were compromised,” said Prosser.

The attack is not the first time that hackers have breached Twitter’s systems and gained access to Twitter user information. Twitter signed a consent decree with the Federal Trade Commission in 2010, subjecting the company to 10 years of independent privacy reviews, for failing to safeguard users’ personal information.

We highly recommend changing your password on a regular bases, and when such an event does occur that you change your password immediately.