PayPal hacker assault exposes buyer names and social safety numbers

Last Thursday, PayPal started notifying practically 35,000 of its prospects that their accounts have been breached between Dec. 6 and eight. During the 2 days, PayPal claims that no cash was stolen from anybody.

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What occurred with the PayPal assault?

The hackers have been nonetheless capable of receive private and personal data, together with full names, dates of start, bodily addresses, social safety numbers and tax identification numbers. PayPal halted the intrusion inside two days, reset the passwords for affected customers and mentioned no unauthorized transactions have been tried.

PayPal’s inner investigation revealed that the hackers used a way often called credit score stuffing to breach the accounts of those victims. 
(Kurt Knutsson)

How did the hackers breach these accounts?

PayPal’s inner investigation revealed that the hackers used a way often called credit score stuffing to breach the accounts of those victims. Credential stuffing is when hackers use current credentials already floating across the darkish net to hack into non-public accounts. They use bots with lists of usernames and passwords acquired in earlier knowledge breaches and take a look at the credentials at a number of on-line providers with the hope that prospects haven’t just lately modified their passwords. This is the place those that use the identical passwords throughout a number of completely different accounts may run into an enormous downside. 

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To study extra about know in case your passwords have been hacked, head over to CyberGuy.com and search “have your passwords been hacked” by clicking the magnifying glass on the high of my web site.

What if my PayPal account was hacked?

If you have been one of many victims of this PayPal assault, then PayPal ought to have already reset your password. When you go to make a brand new password, be sure it’s a robust password with capital and lowercase letters, numbers and symbols. The firm can be providing victims two years of free id monitoring from Equifax.

How to guard your self from hackers sooner or later

Although PayPal is working laborious to assist out the victims of this vicious assault, there are steps you possibly can take to make sure that one thing like this by no means occurs to you.

• Create robust passwords and do not use the identical ones for a number of accounts: yow will discover out extra about creating robust passwords and nice password managers right here
• Use 2-factor authentication: reap the benefits of 2-factor authentication for any providers you utilize that supply it. This is one additional step that can preserve a hacker out of your non-public data even when they get their palms in your login credentials.

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Were you impacted by the PayPal breach? We’d love to listen to from you.

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