|Sun June 4 2017 20:09:41|
Sellers: Be Aware of New Security Protocols at Amazon
By: Ina Steiner
A company that work closely with Amazon sellers has reported a disturbing trend. Cynthia Stine of eGrowth Partners says Amazon is suspending sellers who change their bank account numbers
"We have seen numerous clients flagged for fraud simply because they are changing their bank accounts. When you are flagged, you are blocked from logging into your account and it can take some time to get access to your account again."
Amazon is also requiring sellers to adopt Two-Step Verification (2-SV) as of June 30, as we reported in the May 29th issue of 411 - here's an excerpt, see more on the Amazon seller boards
"We know there are bad actors out there, and while I can't speculate on their motives, we believe the use of 2-SV is a critical security measure that sellers should enable and keep in their toolbox without waiting until June 30th when it becomes a requirement."
Sellers are caught in the middle between the so-called "bad actors" who are trying to hijack their accounts, and Amazon, which is trying to keep its site safe.
UPDATE 6/17/17: See this thread
on the Amazon boards, it appears there may be a reprieve.