The New York State’s Department of Financial Services (DFS) has finally ordered PayPal to pay a $2 million settlement over a ...

PayPal has been fined $2 million for cybersecurity failures New York State Department of Financial Services fine follows a 2022 data breach DFS says PayPal failed to properly train workers on security ...

PayPal has agreed to pay a $2 million civil fine to New York State’s Department of Financial Services (DFS) after an investigation revealed serious cyber security flaws that led to the exposure of ...

The company introduced several innovations, including branded checkout enhancements, PayPal Everywhere, Fastlane, and expanded PayPal Complete Payments. Partnerships with NBCUniversal, Roku, and ...

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.

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.

New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state's ...