PayPal Fined $2M By New York

PayPal fined by New York for cybersecurity failures
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 state's Department of Financial Services said on Thursday.
NY DFS fines PayPal $2M for cybersecurity regulatiton violations
New York State Department of Financial Services Superintendent Adrienne A. Harris announced that PayPal (PYPL) will pay a $2M penalty to New
PayPal Fined $2M By New York For Data Breach
PayPal’s mismanagement of cybersecurity led to unauthorized access to customers’ Social Security numbers and other private information. ・Consumer Impact: Affected users faced heightened risks of identity theft due to these lapses.
PayPal Fined $2 Million for Security Failures
PayPal has been hit with a $2 million fine by New York's financial regulator, the Department of Financial Services (DFS). This is due to cybersecurity issues that led to a data breach in December 2022.
NYDFS penalizes PayPal $2M over 2022 data breach
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.
PayPal to pay $2M to settle New York state probe on cybersecurity violations
PayPal Holdings (NASDAQ: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 on Thursday.
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