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Latest coverage for PayPal

PayPal is a digital payments platform whose account security, fraud controls, vulnerabilities, and breach disclosures can affect online transactions.

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PayPal is an online payment platform for consumer accounts, merchant checkout, money transfers, and payment-processing integrations. Its ecosystem includes web and mobile applications, APIs, account-funding methods, and merchant webhooks, so security news may concern PayPal services, connected applications, or the handling of payment and identity data.

The main security concerns are account takeover through phishing, credential reuse, or stolen session data; fraudulent payments and unauthorized transfers; and weaknesses in merchant integrations that mishandle API credentials or fail to verify webhook messages. Defenders should use available multifactor authentication, protect API secrets, validate transaction state server-side, and monitor unusual account and payment activity. Vulnerability advisories affecting PayPal software or integrated systems require prompt assessment, while suspected fraud or compromise calls for preserving transaction records, securing the account, and following PayPal’s reporting and recovery procedures. Privacy and payment-security obligations also depend on what personal and card data a merchant stores or transmits.

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Bank Info Security 4 months, 3 weeks ago

PayPal Ties Small Data Breach and Fraud to App Coding Error

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.

Bank Info Security 1 year, 2 months 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.

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.