PayPal Ties Small Data Breach and Fraud to App Coding Error
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Operational Brief
PayPal discovered a six-month data breach affecting about 100 business customers of its loan app, exposing personal information and leading to fraudulent charges. PayPal fully refunded the affected customers.
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Fintech Giant Says Personal Data Exposed for About 100 Business Users of Loan App Financial 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.