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.
PayPal to pay $2M to settle New York state probe on cybersecurity violations (updated)
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 on Thursday.
NY DFS fines PayPal $2M for cybersecurity regulation 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 for exposing thousands of customers' SSN
PayPal was fined $2 million for failing to implement proper cybersecurity practices, exposing thousands of customers Social Security numbers.
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.
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.
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