Thousands of Paypal Accounts breached by Hacker's

Paypal, one of the world's most popular online payment platforms, announced on Thursday that nearly 35,000 of its users had their account breached, Between December 6 and 8.

The hacker's used a technique known as “credential stuffing". Hackers use previously leaked login information that people have reused for their PayPal accounts.

Reports are that during the two day intrusion, hackers had access to a significant amount of personal information of the affected users. This includes full names, dates of birth, postal addresses, social security numbers, and individual tax identification numbers. Additionally, they also had access to transaction histories, connected credit or debit card details, and PayPal invoicing data.

PayPal halted the intrusion within two days, reset the passwords for affected users and said no unauthorized transactions were attempted.

If you are a victim of the hacker's then PayPal should have already reset your password. When you go to make a new password, make sure it is a strong password with capital and lowercase letters, numbers and symbols. The company is also offering victims two years of free identity monitoring from Equifax.

Paypal advice to secure your account From future hacker's, steps you can take to ensure that something like this never happens to you. Create strong passwords and don't use the same ones for multiple accounts, Use 2-factor authentication: take advantage of 2-factor authentication for any services you use that offer it. 

This is one extra step that will keep a hacker out of your private information even if they get their hands on your login credentials.

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