Articles about paypal

pirate

PayPal, Google ordered to make suspected pirates walk the plank into freezing waters

PayPal and Google have been hit with court injunctions telling them to freeze accounts associated with websites hosting pirated content. Florida judge Kevin Michael Moore signed off [PDF] on the injunctions, believed to be the first time that a copyright holder has managed to get at the finances of a website operator. The …
Kieren McCarthy, 10 Jul 2018
PayPal logo and credit cards

PayPal reminds users: TLS 1.2 and HTTP/1.1 are no longer optional

PayPal has reminded merchants that they must support TLS 1.2 and HTTP/1.1 by June 30. The reason? That's the date the PCI Council mandated for those standards to come into effect. In this notice, PayPal warns: “You will need to verify that your environment supports TLS 1.2 and HTTP/1.1 and if necessary make appropriate …
PayPal logo and credit cards

Time to pay, Paypal pal Venmo! Oh no, haha, put away that wallet – just promise to be nice

PayPal has avoided that terribly tedious act of coughing up a fine, and instead has agreed to play nice with people's privacy – thus settling a complaint against its payment app Venmo by America's trade watchdog, the FTC. The peace treaty, signed this week, will see PayPal avoid any monetary penalties, but will bring the …
Shaun Nichols, 27 Feb 2018
Gold robot photo via Shutterstock

I, Robot? Aiiiee, ROBOT! RSA TLS crypto attack pwns Facebook, PayPal, 27 of 100 top domains

A 19-year-old vulnerability in the TLS network security protocol has been found in the software of at least eight IT vendors and open-source projects – and the bug could allow an attacker to decrypt encrypted communications. Identified by security researchers Hanno Böck, Juraj Somorovsky of Ruhr-Universität Bochum/Hackmanit, …
Thomas Claburn, 13 Dec 2017
Data breach

PayPal paid $US233m for company that leaked 1.6 million records

PayPal has “identified a potential compromise of personally identifiable information for approximately 1.6 million customers.” The good news ist that PayPal is not to blame for the likely leak. Fault can instead be ascribed to TIO Networks, a Canadian payments outfit that PayPal paid US$233m to acquire in February 2017. That …

PayPal, accused of facilitating neo-Nazi rally, promises to deny hate groups service

PayPal has vowed to pull its online payment services from sites linked to hate, violence and intolerance in wake of the weekend's tragic events in Charlottesville, Virginia. The company defended its acceptable use policy following a separate report by the Southern Poverty Law Centre yesterday, which claimed organisers of the …
Kat Hall, 16 Aug 2017
Virtual money enters man's online wallet

PayPal splashes cash on biz that persuades folks to splash cash online

PayPal has invested in e-commerce tech firm Cloud IQ as part of the upstart's latest £4m funding round. Cloud IQ claims to be able to encourage people to spend 10 per cent more online, by throwing targeted ads and personalised emails at visitors to their clients’ websites. PayPal has previously partnered the firm, but the …
Rebecca Hill, 2 Aug 2017
Facepalm from Shutterstock

Two-factor FAIL: Chap gets pwned after 'AT&T falls for hacker tricks'

A software developer says a thief siphoned cash from his PayPal account – after a dumbass AT&T rep handed control of his cellphone account to a hacker, thus defeating his two-factor authentication. Justin Williams, an iOS code jockey based in Denver, Colorado, said someone was able to dupe an AT&T support tech into assigning …
Shaun Nichols, 10 Jul 2017
PayPal and Pandora logos

PayPal peed off about Pandora's 'P' being mistaken for its 'PP'

LOGOWATCH LEGAL PayPal has filed a lawsuit against streaming music service Pandora, alleging that the latter's stylised single “P” logo is so similar to the payment company's “PP” logo that it's designed to get punters confusing the two. In a brief filed last week in the United States District Court, PayPal argues that “Pandora’s recent …
Simon Sharwood, 23 May 2017
PayPal logo and credit cards

New PayPal T&Cs prevents sellers trash-talking PayPal

PayPal's released a new batch of User Agreements that includes a new “non-discouragement clause for sellers” that prevents them from talking down the service, plus price hikes a-plenty. The new new clause reads as follows: “In representations to your customers or in public communications, you agree not to mischaracterize …
Simon Sharwood, 13 Feb 2017

PayPal proffers patch for OAuth app hack hole

Paypal has patched a phishing vulnerability that could allow attackers to steal any OAuth token for its payment apps and gain access to accounts. Adobe software engineer and OAuth wonk Antonio Sanso discovered the token request flaw after messing with redirect URLs. He found PayPal's authorisation server setup to handle OAuth …
Team Register, 30 Nov 2016

PayPal patches bone-headed two factor authentication bypass

Update Paypal has patched a boneheaded two factor authentication breach that allowed attackers to switch off the critical account control in minutes by changing a zero to a one. British MWR InfoSecurity consultant Henry Hoggart (@_mobisek) discovered and quietly reported the flaw to the payment giant. Attackers with username and …
Darren Pauli, 27 Oct 2016
band_aid_648

PayPal patches 2FA portal bug

PayPal has patched a two-factor authentication (2FA) bug that could have let an attacker bypass its login processes. Turned up by Vulnerability Labs' Shawar Khan, the problem existed in how PayPal's API implemented the “PayPal preview” portal. The good news is that it was an exploit that needed access to the victim's browser …
Open barn door

TeamViewer beefs up account security after rash of PC, Mac hijacks

TeamViewer is whacking anti-hacker protections into its remote-desktop tool – as its customers continue to report having their PCs and Macs remotely hijacked by criminals. Two new security checks in TeamViewer will warn users when a new device or location attempts to log into their TeamViewer account and remotely manage any …
Shaun Nichols, 3 Jun 2016
Remote control

TeamViewer denies hack after PCs hijacked, PayPal accounts drained

Updated TeamViewer users say their computers were hijacked and bank accounts emptied all while the software company's systems mysteriously fell offline. TeamViewer denies it has been hacked. In the past 24 hours, we've seen a spike in complaints from people who say their PCs, Macs and servers were taken over via the widely used remote …
Shaun Nichols, 1 Jun 2016

PayPal probed over Venmo cash-flinging app

PayPal says it is under investigation by the US Federal Trade Commission (FTC) for alleged "deceptive or unfair practices" involving its Venmo app. In a filing with the SEC, the online payment giant said it has received a "civil investigative demand" from the FTC last month requesting documents and answers to a series of …
Kieren McCarthy, 29 Apr 2016
Toilet roll printed with fake US $100 bills

PayPal freezes 400-job expansion in North Carolina over bonkers religious freedom law

PayPal has abandoned plans for a new global operations center in Charlotte, North Carolina, after the US state passed a "religious freedom" act that allows discrimination against employees on the grounds of gender identity and sexuality. "The new law perpetuates discrimination and it violates the values and principles that are …
Iain Thomson, 5 Apr 2016
PayPal inStore app in action

PayPal plugs phishing-enabling vulnerability, stumps up $500

PayPal has patched a flaw which created a means for miscreants to abuse its platform to lend authenticity to fraudulent or otherwise malicious emails. The input validation and mail encoding web vulnerability in the official PayPal online web app was discovered by Vulnerability Laboratory researcher Benjamin Kunz Mejri. The …
John Leyden, 1 Apr 2016

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