Yahoo is shutting down PayDirect, an online payment service similar to eBay's PayPal.
An estimated one in five Americans were the target of a "phishing" attack in the past year, as the number of such Internet scams rose dramatically, according to a study released on in the US early today.
If you use Yahoo Mail you should soon be seeing a significant reduction in the number of e-mail scams purporting to be from eBay and PayPal.
Yahoo is playing host to thousands of phishing sites and doesn't have sufficiently well-trained staff to address the problem of online fraud, according to a leading anti-spam and security organisation on Tuesday.
eBay has unveiled a service designed to provide small and medium-size businesses with training wheels to move beyond eBay's marketplace Web site.
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