Hacking is the ability to learn the limitations in various companies security systems and exploit them. The systems are not necessarily electronic but can be verbal communication as well. A simple phone call telling them you have lost your password and changed your email address may be all it takes. The following story by Gizmodo illustrates the deficiencies in their security. The companies involved are GoDaddy and Paypal.
Most of us have a PayPal account and think it's all secure. I suggest we all learn from this and look at securing our own online presence.
How I Lost My $50,000 Twitter Username
Regards
Nick
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