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Insights

PayPal Data Breach

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PayPal informed customers of a security incident on December 20, 2022, in which unauthorized parties accessed customer accounts using stolen login credentials. PayPal has no evidence that the credentials were obtained from its systems and no reports of misuse of personal information.

PayPal informed its customers on January 18, 2023 that on December 20, 2022, some unauthorized parties accessed customer accounts using compromised login details. The company has no knowledge of misuse of personal information or unauthorized transactions on the customer accounts, and there's no indication that the login credentials were obtained from PayPal's systems.

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