PayPal suffered from a massive data breach incident that exposed 1.6 million customers.
The exposed information includes locations that stored personal information of some of TIO’s customers and customers of TIO billers.
Moreover, TIO has started working with the businesses it provides services to notify possibly impacted individuals, and PayPal is collaborating with a consumer credit reporting bureau to offer free credit monitoring subscriptions.
Direct contact with the impacted people will occur, and they will be given advice on how to sign up for monitoring.
Source: https://www.infosecurity-magazine.com/news/paypal-acquired-company-suffered/
TPRM report: https://scoringcyber.rankiteo.com/company/paypal
"id": "pay1356323",
"linkid": "paypal",
"type": "Data Leak",
"date": "12/2017",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': '1.6 million',
'industry': 'Financial Services',
'name': 'PayPal',
'type': 'Company'}],
'data_breach': {'number_of_records_exposed': '1.6 million',
'type_of_data_compromised': ['personal information']},
'description': 'PayPal suffered from a massive data breach incident that '
'exposed 1.6 million customers. The exposed information '
'includes locations that stored personal information of some '
'of TIO’s customers and customers of TIO billers. TIO has '
'started working with the businesses it provides services to '
'notify possibly impacted individuals, and PayPal is '
'collaborating with a consumer credit reporting bureau to '
'offer free credit monitoring subscriptions. Direct contact '
'with the impacted people will occur, and they will be given '
'advice on how to sign up for monitoring.',
'impact': {'data_compromised': ['personal information']},
'response': {'communication_strategy': ['Direct contact with impacted '
'individuals',
'Advice on signing up for monitoring'],
'recovery_measures': ['Free credit monitoring subscriptions'],
'third_party_assistance': 'Consumer credit reporting bureau'},
'title': 'PayPal Data Breach',
'type': 'Data Breach'}