Payment transactions affected throughout Europe
A security system failure at PayPal caused banks to halt direct debits worth billions. The company says the problem has now been resolved.
Allegedly unencrypted and directly usable
A hacker offers 15.8 million alleged PayPal credentials for $750 – including email addresses and passwords in plain text.
Error message
PayPal is currently experiencing a widespread technical outage preventing users worldwide from accessing their accounts. According to the outage tracking platform Downdetector, issue reports began surging around 1 PM CET.
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