Attack on a popular payment service. Threatened almost 16 million accounts

Data on almost 16 million PayPal users were put up for sale, after a group of hackers boasted their acquisition on one of the online for online, said the portal “Telepolis”.

According to the information presented, cybercriminals won email addresses and passwords up to 15.8 million website users’ accounts. The data comes from May this year and is fresh enough to pose a real threat to the safety of users.

Cyber attack for PayPal customers

The attack is particularly dangerous because PayPal accounts are often associated with credit cards and other online payment services. The data obtained by hackers can be used not only to break into PayPal accounts themselves, but also to take access to other websites where users used the same passwords or related links.

PayPal in the face of crisis

The American giant has not yet commented in public. This is the first case in the company’s history the theft of data on such a large scale. The incident shows that even the largest and most popular financial services are not resistant to cyber criminals.

Cyber attack on PayPal customers – what can you do?

Security experts advise that all PayPal users change their passwords as soon as possible – both on the website and in other places where they used the same login data.

Although many users have a two -stage authentication enabled, the password change is crucial to minimize the risk of losing funds or taking over accounts.

What is PayPal?

PayPal is one of the most popular online payments in the world. The American giant operates in 190 countries and according to recent data has about 434 million active users. The company was founded in 1998 by Łukasz Nosek, Max Levchin and Peter Thiel. In 2021 she was taken over by the Israeli Curv. The website enables quick online payments, international transfers and integration with hundreds of online stores, which makes it one of the key players in the global fintech sector.