News & Analysis as of

Hackers PayPal Data Breach

Faegre Drinker Biddle & Reath LLP

Lessons from PayPal’s $2 Million Cybersecurity Settlement with the New York State Department of Financial Services

On January 23, 2025, PayPal settled an enforcement action brought by the New York State Department of Financial Services (NY DFS) for failing to comply with cybersecurity regulations required for financial services businesses...more

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

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

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

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

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2017 #2

Robinson & Cole LLP on

$64 Million in Bitcoin Stolen from NiceHash - Many are lamenting not purchasing bitcoin now that its value has skyrocketed. Recently, Massachusetts Secretary of State William Galvin warned investors to stay away from...more

Goulston & Storrs PC

Cyber Liability Insurance – Does Your Retail Business Need It?

Goulston & Storrs PC on

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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