PayPal Subsidiary Data Breach Hits Up to 1.6 Million Customers


Global e-commerce business PayPal has disclosed a data breach that may have compromised personally identifiable information for roughly 1.6 million customers at a payment processing company PayPal acquired earlier this year.

PayPal Holdings Inc. said Friday that a review of its recently acquired company TIO Networks showed evidence of unauthorized access to the company’s network, including some confidential parts where the personal information of TIO’s customers and customers of TIO billers stored.

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