PayPal has to pay a $2 million settlement over a data breach from 2022. In the consent order dated January 23, 2025, there is mention of events related to that data breach.Per the document, a ...

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.

On January 23, 2025, the New York Department of Financial Services (“NYDFS”) announced a $2 million civil fine against PayPal, Inc. (“PayPal”) for alleged cybersecurity failures that ...

New York State Department of Financial Services Superintendent Adrienne A. Harris announced that PayPal, Inc. (NASDAQ: PYPL) will pay a $2 million penalty to New York State for violations of DFS ...

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.

The settlement terms mandate that PayPal must pay a fine of $2 million within 10 days, while no further action will be taken unless New York's DFS discovers new violations. 8 Common Threats in 2025 ...