Skip to content

Exposed Numbers, Exposed Risks: The Story Behind PayPal’s $2 Million Data Breach

By Yamit

On January 23rd, The New York State Department of Financial Services agreed a $2 million settlement with PayPal regarding a data breach dating back to 2022. The incident potentially exposed the sensitive information of PayPal users, including names, birth dates, addresses, individual tax identification numbers, and Social Security numbers, and breached the state’s cybersecurity regulations. NYDFS held that…