New York State Department of Financial Services Secures $2 Million Cybersecurity Settlement with PayPal, Inc.
PayPal’s Cybersecurity Failures Led to the Exposure of Customers’ Social Security Numbers January 23, 2025 New York State Department of Financial Services Superintendent Adrienne A. Harris today announced that PayPal, Inc. (PayPal) will pay a $2 million penalty to New York State for violations of DFS’s Cybersecurity Regulation. An investigation determined PayPal failed to use qualified […]
