Ebay has confirmed that it was hacked between late February and early March. Password changes for users are being advised.

There is reportedly no evidence of the hacked information being used in an unauthorised manner, however as a precaution starting tday Ebay Inc, will be requesting that people change their passwords as a precaution.

"The company said it has seen no indication of increased fraudulent account activity on eBay. The company also said it has no evidence of unauthorized access or compromises to personal or financial information for PayPal users. PayPal data is stored separately on a secure network, and all PayPal financial information is encrypted."

Ebay press release dated 21/5/2014

Beginning later today, eBay users will be notified via email, site communications and other marketing channels to change their password. In addition to asking users to change their eBay password, the company said it also is encouraging any eBay user who utilized the same password on other sites to change those passwords, too. The same password should never be used across multiple sites or accounts.

Find out more here on ebayinc.com/a>