Yahoo!, eBay and PayPal today announced a collaborative effort to better protect consumers against fraudulent e-mails and the dangerous scams known as phishing attacks. Starting today, eBay and PayPal customers worldwide using Yahoo! Mail will begin receiving fewer fake e-mails claiming to be sent by eBay and PayPal. Yahoo! Mail is the first web mail service to block these types of malicious messages for eBay and PayPal through the use of DomainKeys e-mail authentication technology.
DomainKeys technology provides a unique way to verify the authenticity of e-mail messages, allowing Internet service providers to determine if messages are real and should be delivered to a customerâ€™s inbox. The collaborative effort between Yahoo!, eBay and PayPal will result in the blocking of unauthenticated e-mail, reducing the volume of fraudulent e-mail received by consumers and lowering their risk of falling for phishing attacks.
Yahoo!, eBay and PayPal are in the process of transitioning their systems from DomainKeys to the proposed standard DomainKeys Identified Mail. The implementation is expected to be complete in the coming months.
The technology upgrade will be rolled out globally over the next several weeks to all users of Yahoo! Mail.
Originally posted on October 4, 2007 @ 8:43 am