According to a consent order, PayPal discovered the problem after a security analyst on Dec. 6, 2022 read an online message.

A major payment pioneer embraces stablecoins, transforming cross-border transfers and reshaping the future of finance.

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.

According to Benzinga Pro, PYPL stock has gained over 37% in the past year. Investors can gain exposure to the stock via Global X FinTech ETF FINX. Also Read: Stargate Project: Microsoft Gains, Oracle ...

New York State Department of Financial Services Superintendent Adrienne A. Harris announced that PayPal (PYPL) will pay a $2M penalty to New ...

TD Cowen raised the firm’s price target on PayPal (PYPL) to $90 from $78 and keeps a Hold rating on the shares. The firm said the continuation ...

PayPal will pay a $2 million civil fine over cybersecurity failures that led to the exposure of customers' Social Security numbers in late 2022, New York ...

PayPal Holdings (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 ...

PayPal Holdings Inc. will pay $2 million to settle claims that it mishandled an update to its tax-reporting protocols to comply with federal pandemic-era requirements and exposed customers’ Social ...

PayPal, Inc., one of the world’s leading financial technology firms, has agreed to pay a $2 million penalty to New York State following a cybersecurity breach that exposed sensitive customer ...