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Cybersecurity › PayPal

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +
Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now.   less -
Ankura

Ankura CTIX FLASH Update - January 2023 - 4

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PayPal Discloses December 2022 Security Incident Involving Credential Stuffing Attacks - PayPal has begun sending out notification letters to individuals impacted by a security incident that occurred in early December...more

Morrison & Foerster LLP

Financial Services Report - Spring 2021

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Can you say 0 to 60? Not cars, but pretty much everything to do with financial services. A new year, a new administration, and new challenges for providers. Prior CFPB Director Kraninger is long gone. Acting Director Uejio...more

Bass, Berry & Sims PLC

Privacy Perils: Beware Brand Phishing

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We often think of phony financial institution emails as a bad actor’s phishing scheme of choice to capture confidential bank account numbers or other private financial information. While those phishing emails certainly do...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #226 – Beware – Well-Known Brands Used for Phishing Schemes

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A new study by Check Point Research shows that cyber criminals are using well-known brands to lure victims into clicking on nefarious links, providing personal information or credentials, or getting users to transfer money....more

Robinson+Cole Data Privacy + Security Insider

New Ransomware Campaign Socks Victims with One-Two Punch

Robinson+Cole Data Privacy + Security Insider on

Cybercriminals have launched a new campaign that not only requires the victim to pay a ransom to have their data decrypted, but when the victim is directed to a PayPal account to pay the ransom to get the decryption key to...more

Patterson Belknap Webb & Tyler LLP

PayPal Shareholders’ Data Breach Stock-Drop Suit Dismissed

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Among other things, 2018 was the year of the shareholder data breach stock-drop lawsuit. As we’ve previously reported, it was the year that shareholders began routinely suing companies after an announcement of a data breach,...more

Bradley Arant Boult Cummings LLP

Five Privacy Practices Every Company Should Address in the Wake of the FTC’s Enforcement Action against PayPal

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Privacy is serious business. This was made clear in the Federal Trade Commission’s (FTC) recent announcement that it had settled its complaint against Venmo, PayPal’s peer-to-peer payment service, for misrepresentations to...more

Bass, Berry & Sims PLC

Privacy Perils: PayPal Data Breach

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On December 1, PayPal disclosed that an ongoing investigation into identify security vulnerabilities identified a data breach that may have compromised personally identifiable information for roughly 1.6 million customers at...more

Carlton Fields

Learning from Venmo’s Compliance Issues: How to Avoid Inadequate Privacy Disclosures

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PayPal, the company responsible for the popular mobile payments app, Venmo, recently agreed to voluntarily bolster its privacy and security disclosures—and pay a $175,000 penalty—in response to an enforcement action brought...more

Goulston & Storrs PC

Cyber Liability Insurance – Does Your Retail Business Need It?

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The news is full these days of hackers stealing credit card and other customer information from United States retailers such as Home Depot, Target, and Neiman Marcus (and the federal government) among others. These...more

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