PayPal is one of the most popular ways to send and receive money or pay for something online.
In a January 18 security notice, the company admitted that unauthorised people were able to access PayPal customers’ accounts using their login information.
At the beginning of the notice, the company says, “We care a lot about keeping our customers’ information safe.” We’re writing to let you know about something that may have had an effect on your PayPal account. We want to make it clear from the start that keeping your personal information safe and secure is a top priority and will remain so in the future.
It said that the illegal activity happened between December 6 and 8, 2022, when third parties were able to see and possibly get some personal information about some PayPal users.
“We have no evidence that any of your personal information was misused as a result of this incident or that your account has been used without your permission.” “There is also no evidence that someone got your login information from any PayPal system,” the notice says.
In the massive hacking attack, customers’ names, addresses, Social Security numbers, individual tax identification numbers, and/or dates of birth may have been exposed.
The company stated that it had begun an investigation into what had occurred and was taking steps to correct it, such as preventing unauthorised people from obtaining additional personal information.
“We reset the passwords of the affected PayPal accounts and added new security controls that will require you to set a new password the next time you log in to your account,” it said.
