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PayPal data breach overview:
- Who: PayPal revealed that it suffered a data breach as a result of a credential stuffing attack that exposed the personal information of nearly 35,000 of its users.
- Why: PayPal says the data breach was the result of a credential stuffing attack but that it found no evidence the threat actor obtained the stolen credentials from it directly.
- Where: PayPal is used by consumers nationwide.
PayPal has notified its users of a data breach the e-commerce company says it suffered as a result of a credential stuffing attack that it says exposed some personal data of nearly 35,000 users.
The data breach reportedly occurred between Dec. 6 and 8, 2022, according to PayPal, which said it was able to both detect and mitigate the breach at that time.
PayPal said that it also conducted an internal investigation — which concluded Dec. 20 — into determining how the bad actors were able to gain access to the compromised accounts.
The company ultimately found the unauthorized third parties were able to log into the affected PayPal accounts using valid credentials.
PayPal said it found no evidence the stolen user credentials were acquired from them directly and that the data breach was not due to any sort of breach on the company’s systems.
The data breach granted hackers access to impacted PayPal account holders full names, birthdates, Social Security numbers, postal addresses and individual tax identification numbers.
PayPal says it mitigated data breach by limiting access and resetting passwords of compromised accounts
Other information that may have been compromised during the PayPal data breach includes transaction histories and connected credit or debit card details, along with company invoicing data.
PayPal said it mitigated the data breach by limiting the bad actors’ access to the platform and by resetting the passwords for accounts that it confirmed had been compromised.
The company also reassured users it found no evidence the bad actors either attempted to or managed to perform an unauthorized transaction from an affected PayPal account.
“We have no information suggesting that any of your personal information was misused as a result of this incident, or that there are any unauthorized transactions on your account,” PayPal said.
A class action lawsuit was filed against PayPal last year by a consumer arguing the company fails to reimburse its customers who suffer losses as a result of fraud on its Venmo mobile payment service.
Have you been impacted by a data breach? Let us know in the comments.
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1,204 thoughts onPayPal data breach affects thousands of users
Add me I had a huge problem with my acct. In fact they locked me out of my acct. Then somehow I had a new acct. and went through an ordeal trying to access and find my actual acct. Never found out what happened to the other acct. Or why there was two or what happened to money in acct.
I had put PayPal on my Amazon account and every transaction was declined by PayPal and they said it was my bank I contacted my bank and it was not my bank. I asked PayPal to detach from my Amazon account and for months every purchase that I made to Amazon was declined and I have always been a good customer with a good reputation with Amazon and I kept explaining to PayPal that they was ruining my reputation with a company that I’ve been shopping with for years it took me months to have them remove it finally I had to go to my bank and have them remove it and it took them about 3 weeks so please add me to this lawsuit I have stuff going through PayPal right now but I will never touch them on anything else. On the phone for hours and kept getting the runaround
I have had 2 accounts with PayPal for over 15 years ..They withheld my money from me .it was friend to friend money deal.i never received it . please add to this lawsuit.
Please add me, I have used Paypal for about 10 years now and I now also have credit through them. I am in the middle of a horrible Fraud Identity theft and not sure what has happened. I have had to file with the police, Government Fraud, have had to cancel all my credit cards and order new ones. Someone is charging all kind of things, even their Apple, and electric bill. They have spent over 500.00 om Raffle tickets on my charge cards. I try to buy something and no one want to take my cards. It is a horrible mess and i am going absolutely crazy. Thank you, Karen Nims
Yes PayPal held and kept over 500$ of my money and says I owe more I hadn’t used um since they took 500$ I had deposited in my act
Please add me
I’ve had 2 different PayPal accounts for more than 10 years…Please add me….
Add me been using PayPal for over 15 yrs
Please add me
Please add me I have been a victim of a phishing scam bcuz of PayPal
Please add me. I have been using PayPal for many years because I thought that I and my information would be safe from prying eyes. However, I guess I was wrong.
please add me