The $2 million fine isn't much for such a big company, but the more effective penalty is the public seeing how unsafe PayPal was being. It shows how serious the company's cybersecurity problems were.

PayPal (PYPL) has agreed to pay a $2 million fine after an investigation by New York's Department of Financial Services uncovered significant cybersecurity lapses that left customers' sensitive ...

PayPal PYPL.O 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 ...

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 ...

PayPal has been fined $2 million by the New York Department of Financial Services for exposing sensitive customer data like social security numbers and more.

PayPal has been fined $2 million by New York State for failing to comply with cybersecurity regulations, leading to a data breach that exposed personal information of 35,000 customers in 2022.

New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state's cybersecurity regulations, leading to a 2022 data breach.

PayPal agreed to pay a $2 million fine and implement several remedial measures, including the following: Masking exposed NPI and implementing CAPTCHA to prevent automated account access.

Regulators in New York have issued a $2 million fine to financial service giant PayPal over cybersecurity failures which exposed personally identifiable information (PII) of tens of thousands of ...

NEW YORK (Reuters) -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 ...