PayPal Battles Phishing with…Key Fobs

It’s no secret that online payment service PayPal—and its parent company eBay—are the favorite targets of phishers and other online scam artists. If they can trick any of the companies’ millions of users into disclosing their account information, the now-captive accounts become wonderful avenues for laundering money, putting on get-rich-quick schemes, selling stolen merchandize, and any number of other nefarious online activities.

PayPal wants its customers to be confident in its services, so it’s rolling out a new PayPal Security Key, a key fob which provides one-time-use password as an additional login credential for PayPal account holders. The PayPal Security Key takes the form of a key fob, and is similar to technologies employed by banks and other financial institutions with high-capital customers and major account holders. Basically, the PayPal Security Key generates a unique six-digital security code every 30 second; users enter the current code as an additional credential when they log into their PayPal account. Even if phishers, scam artists, or Internet criminals somehow get their hand’s on an account’s username and password, they won’t be able to access the account without the current six-digital passcode from the PayPal Security Key. The PayPal Security Key will also work with eBay accounts.

Users will still be able to log into their PayPal or eBay accounts of they lose or damage their PayPal Security Key, but will have to confirm their account ownership before being given access.

PayPal isn’t touting the Security Key as any kind of panacea from fraud, but offers the Security Key as one more layer of security, which may be of particular interest to customers to conduct a large number of transactions through PayPal or eBay, engage in high-value transactions, or simply want the additional protection. The PayPal Security Key is free for PayPal Business Accounts; other accounts will be charged a $5 non-refundable fee.

(If you’re curious, a six-digit code generator can, in theory, make a new code every 30 seconds for almost a year without producing a duplicate number.)

Smart Home

Your Instant Pot can do it all. Research says it has another important function

Researchers at Dakota State University tested a variety of pressure cookers for sterilization and found that Instant Pot provides enough pressure and heat to kill off food-spoiling bacteria.
Smart Home

The best smart locks to increase your home security in 2019

A good smart lock should offer a combination of security and convenience. Fortunately, these devices keep your home protected, your family safe, and your belongings secure from possible intruders.
Smart Home

Looking to safeguard your home? These are the best DIY home security systems

Looking for the best DIY Home security systems? These security kits will help you feel safer in no time. Check out our top pick and full list to see which kit will work best for your home.
Smart Home

Protect yourself: Here are some of the best home security systems

Looking for the best home security systems for your house? These systems offer the best mix of devices, smart features, monitoring services, and fees that you can afford (plus good customer service reports).
Computing

Secure your Excel documents with a password by following these quick steps

Excel documents are used by people and businesses all over the world. Given how often they contain sensitive information, it makes sense to keep them from the wrong eyes. Thankfully, it's easy to secure them with a password.
Smart Home

These best outdoor security cameras will keep porch pirates at bay

Worried about porch pirates stealing your packages, or intruders entering your home? Always be in the know about who or what is on your property by installing one of these outdoor security cameras.
Emerging Tech

Awesome Tech You Can’t Buy Yet: Robotic companions and computer-aided karaoke

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it's fun to gawk!
Smart Home

Need some help? Here's our handy step-by-step guide on how to Airbnb your home

Getting ready to make your home a great rental? Here's how to Airbnb your home with the right amenities, insurance, supplies, and everthing else that you need. Use this guide to get started without making beginner mistakes!
Deals

Dyson sale shatters prices on vacuums just in time for spring cleaning

Steep price cuts on Dyson vacuum cleaners for the spring cleaning season help you save money on the tools you need to do the job. We've found the best discounts on Dyson vacuums from Amazon and Walmart and put them all in one place.
Deals

Amazon slashes prices on Echo devices that play Alexa’s sweetest-sounding music

Amazon slashed prices on Alexa-controlled Echo devices with the best music sound quality. All Alexa smart speakers stream music, but some sound better than others. Save on Echo Plus and the Echo Sub bundled with Echo and Echo Plus speakers.
Product Review

Simple and small, the Google Home Hub is your low-key smart screen

What’s small, simple, cute, and lacks a camera? The Google Home Hub is the latest smart display to hit the market. Powered by Google Assistant, there’s a lot to like about this device.
Smart Home

Arlo listens to feedback, improves video quality for its premier security camera

Arlo relaunched its flagship Arlo Ultra 4K HDR security camera system with worldwide availability. Arlo fixed issues from a limited early release and now the marquee brand is available in multiple configurations with A.I-driven monitoring.
Apple

Apple March 2019 Event Coverage

Apple’s next event will take place March 25 at the Steve Jobs Theater in Cupertino, California at 10 a.m. PT. We’ve got a handy guide on how to watch, but don’t expect to see any new iPads, iMacs, or AirPods at the show, all of…
Deals

The best iRobot Roomba deals to make cleaning your home a breeze

Keep your home clean without lifting a finger using a robot vacuum cleaner. These nine iRobot Roomba deals not only help you keep your home tidy, but many also come with advanced features such as automatic scheduling and Wi-Fi connectivity.