PayPal Holdings, Inc. is a financial technology company that specializes in payment transfer services. The company allows individuals to send money to other people for purchases or personal money transfers. PayPal is available in many countries around the world.
The PayPal breach occurred because there was a temporary system glitch when PayPal discontinued access to unauthorized third-party companies. At that time, the unauthorized parties had a two-day period when they could access personal information about customer accounts they were once linked to. If you utilized third-party services through PayPal and you received a notice, you may have been exposed.
This PayPal data breach occurred between December 6 and December 8, 2022.
This specific PayPal data breach impacted many PayPal customers that were connected to unauthorized third-party platforms. If you receive a notice from PayPal about this breach, you were likely impacted because of this breach. The unauthorized company could use your information in ways that potentially harm your credit, and you should closely monitor your credit history.
The PayPal data breach impacted many different PayPal accounts and could have exposed thousands of individuals. There is no specific count available, but a large number of customers may receive a notice from the company about the issue. If you were notified by PayPal, you have access to two years of Equifax credit monitoring services for free.