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PayPal

PayPal is a widely-used online payment system that provides a convenient and secure means for individuals and businesses to send and receive money electronically across the globe. In the landscape of information security, PayPal represents a significant target for cybercriminals due to the financial transactions it processes daily. Therefore, it employs robust security measures to protect user accounts and sensitive data. This includes encryption, two-factor authentication, monitoring for fraudulent activities, and compliance with industry security standards such as the Payment Card Industry Data Security Standard (PCI DSS).

On the user side, information security concerning PayPal also involves best practices such as creating strong passwords, being vigilant about phishing scams, and ensuring a secure connection when performing transactions. The intersection of PayPal with infosec is thus multifaceted, touching on data protection regulations, user privacy, cyber threats like hacking and identity theft, and the technology and policies PayPal uses to safeguard financial data.

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Fintech Giant Says Personal Data Exposed for About 100 Business Users of Loan AppFinancial services firm PayPal said it discovered a data breach that lasted for six months, exposed some business customers' personal information and led to fraudulent charges. The company said about 100 customers were affected, and that it has fully refunded them for fraudulent charges.

In May 2025, the U.S. government sanctioned a Chinese national for operating a cloud provider linked to the majority of virtual currency investment scam websites reported to the FBI. But more than a month later, the accused continues to openly operate accounts at a slew of American tech companies, including Facebook, Github, LinkedIn, PayPal and Twitter/X.

Don’t trust mystery digits popping up in your search bar Scammers are hijacking the search results of people needing 24/7 support from Apple, Bank of America, Facebook, HP, Microsoft, Netflix, and PayPal in an attempt to trick victims into handing over personal or financial info, according to Malwarebytes senior director of research Jérôme Segura.…

Bank Info Security 1 year, 1 month ago

Cryptohack Roundup: KiloEX Offers Compensation

Also, Nike Sued Over Shutdown of NFT SubsidiaryThis week, KiloEX compensation after Oracle exploit, Nike sued over NFT shutdown, SEC dropped probe into PayPal PYUSD, Long Island man sentenced for crypto fraud, Americans lost billions to crypto scams, Loopscale exploiter agreed to return stolen funds and bank regulators softened stance on crypto.

Krebs on Security 1 year, 2 months ago

Who is the DOGE and X Technician Branden Spikes?

At 49, Branden Spikes isn't just one of the oldest technologists who has been involved in Elon Musk's Department of Government Efficiency (DOGE). As the current director of information technology at X/Twitter and an early hire at PayPal, Zip2, Tesla and SpaceX, Spikes is also among Musk's most loyal employees. Here's a closer look at this trusted Musk lieutenant, whose Russian ex-wife was once married to Elon's cousin.

David Sacks Appointed as Trump's AI and Crypto Czar Amid Growing Industry ConcernsPresident-elect Donald Trump's appointment of former PayPal executive David Sacks to serve as the inaugural White House czar for artificial intelligence and cryptocurrency is already raising significant concerns about potential conflicts of interest and market favoritism.

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