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PayPal Fined $2M By New York
PayPal to pay $2 million settlement over 2022 data breach
New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state's cybersecurity regulations, leading to a 2022 data breach.
PayPal Fined $2M By New York For Data Breach
PayPal’s mismanagement of cybersecurity led to unauthorized access to customers’ Social Security numbers and other private information. ・Consumer Impact: Affected users faced heightened risks of identity theft due to these lapses.
PayPal Fined $2 Million for Security Failures
PayPal has been hit with a $2 million fine by New York's financial regulator, the Department of Financial Services (DFS). This is due to cybersecurity issues that led to a data breach in December 2022.
NYDFS penalizes PayPal $2M over 2022 data breach
The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks — both on compliance and security — banks face.
PayPal to pay $2M to settle New York state probe on cybersecurity violations
PayPal Holdings (NASDAQ:PYPL) agreed to pay a $2M penalty to New York State for violations of the state's Department of Financial Services cybersecurity regulation, DFS Superintendent Adrienne A. Harris said on Thursday.
CNET on MSN
12h
The IRS Starts New Tax Rule for Venmo, PayPal and CashApp. What You Need to Know
Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...
2d
PayPal fined by New York for cybersecurity failures
PayPal will pay a $2 million civil fine over cybersecurity failures that led to the exposure of customers' Social Security ...
1d
on MSN
Trump wants the US to create an AI action plan in 180 days, and former PayPal mafia member David Sacks is among those leading the push
President Donald Trump wants his administration to have an action plan for artificial intelligence ready within 180 days. On ...
2d
PayPal to Pay $2 Million Over Botched Pandemic Tax Form Update
PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an update to its tax-reporting protocols to ...
SecurityWeek
1d
In Other News: VPN Supply Chain Attack, PayPal $2M Settlement, RAT Builder Hacks Script Kiddies
Korean VPN supply chain attack, PayPal settles with New York for $2 million, trojanized RAT builder targets script kiddies.
1d
on MSN
Calls of the Day: Visa, Mastercard, Block, Paypal
The Investment Committee debate the latest Calls of the Day in Fintech. ICE arrests more than 530 migrants in one day amid ...
1d
on MSN
PayPal bets on the crypto future with bold stablecoin innovation
A major payment pioneer embraces stablecoins, transforming cross-border transfers and reshaping the future of finance.
4d
on MSN
Is PayPal a Millionaire Maker?
It's almost impossible to predict whether a stock can turn investors into millionaires one day. However, PayPal's durable ...
1d
PayPal price target raised to $93 from $88 at Piper Sandler
Piper Sandler raised the firm’s price target on PayPal (PYPL) to $93 from $88 and keeps a Neutral rating on the shares. The firm believes that ...
2d
on MSN
PayPal stock target raised to $90 by TD Cowen, retains hold rating
TD Cowen analyst Bryan Bergin increased the price target for PayPal (NASDAQ:PYPL) stock to $90.00, up from the previous $78.00, while maintaining a Hold rating on the shares. Bergin noted that PayPal ...
12d
on MSN
Looking to Buy PayPal in 2025? Here's the Fintech Stock's Secret Weapon.
During the three-month period that ended Sept. 30, 2024, PayPal handled a whopping $423 billion in total payment volume. That ...
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