personal information

PayPal was fined $2 million due to security issues.

PayPal was fined $2 million by DFS for a 2022 data breach due to cybersecurity issues. The vulnerability exposed personal information of many customers. DFS discovered major problems with PayPal's cybersecurity methods, including inadequate personnel and training. A security breakpoint exploited vulnerabilities caused by changes made to improve access to IRS Form 1099-Ks. Hackers used Credential Stuffing to gain access. DFS found that PayPal's security was insufficient, lacking rules for access management and customer data protection. PayPal addressed and fixed the issues, improving cybersecurity practices. [もっと見る...]