![]() This was enough time for the attacker to obtain a significant amount of information for users all over the country. The attack first occurred on December 6th, 2022, and continued until December 8th, 2022, when PayPal completely blocked the attacker and secured the network. The company doesn't specify how this is possible but only states that one or more individuals were able to get into PayPal's files and gain access to key user information on a large scale. ![]() PayPal claims that hackers were able to infiltrate its file servers using login credentials obtained outside of its standard network. ![]() Today PayPal has more than 435 million users, and tens of thousands of those users were recently compromised by a serious data breach that could lead to identity theft and fraud issues, leading to some of the victims filing a new class action lawsuit for negligence. The company got started as a peer-to-peer payment solution and has evolved into a robust payment transfer solution for business and personal use. PayPal is a leading payment transfer service in the United States and other parts of the world.
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