PayPal Fined $2 Million Over Data Breach Impacting 35,000 Social Security Numbers

Digital payments leader PayPal has agreed to pay a $2 million fine following a cybersecurity incident in December 2022 that exposed thousands of Social Security numbers, according to New York state regulators. The penalty resolves violations of New York’s financial cybersecurity regulations, which require companies like PayPal to employ qualified personnel to manage critical cybersecurity […]