Saturday, May 18, 2024

Paypal Acquired Company TIO Networks Suffered a Data Breach that Impacts 1.6 Million Customers

PayPal confirmed the suspension of operation with TIO Networks, as they identified unauthorized access to the servers that store customers personal information.

TIO Networks was acquired by PayPal in July 2017, as announced on November 10 TIO network was suspended to protect customer data and also a part of an ongoing investigation for identifying vulnerabilities in their platform.

With their ongoing investigation, they found hackers had access to the TIO network including the confidential areas where the personal information of TIO’s customers and customers of TIO billers stored according to the press release.

We are committed to addressing this situation as quickly and efficiently as possible, in a manner that protects customers and their data. In the meantime, all affected customers are strongly encouraged to take advantage of the credit monitoring services, says TIO.

TIO has also begun working with the companies it services to notify potentially affected individuals, and PayPal is working with a consumer credit reporting agency to provide free credit monitoring memberships. Individuals who are affected will be contacted directly and receive instructions to sign up for monitoring.

PayPal platform is not impacted in any way, as the TIO systems are entirely separate from the PayPal network, and PayPal’s customers’ data remains secure, says PayPal.

Some of Very Recent Data Leaked Online

  1. Famous Cosmetic Company “Tarte” leaked 2 Million Customers Personal Data Online
  2. Fashion Retailer FOREVER 21 Admits Payment Card Security Breach
  3. Accenture Data Leak Exposed 137 Gigabytes of Highly Sensitive Data Online
  4.  Deloitte Hacked by Cyber Criminals and Revealed Client & Employee’s Secret Emails
  5. Leading research and advisory firms Forrester was hacked
  6. Disqus confirms it’s been hacked and more than 17.5 Million Users Details Exposed
  7. Gaming Service R6DB Database deleted By Hackers and held for Ransom
  8. Biggest Hack Ever – Each and Every Single Yahoo Account Was Hacked in 2013
  9. Pizza Hut Hacked – Users Reporting Fraudulent Transactions on their Cards
  10. Hyatt Hotels Data Breach Exposed 41 Hotel Customers Payment Card Information
  11. Verizon Wireless Confidential DataLeaked Accidentally by Its Employee
  12. ABC Company Massive Data Leaked online from Amazon S3 Bucket
  13. Pentagon Data Leak Exposed 1.8 Billion of Social Media Surveillance Data
  14. Uber Data Breach Exposed Personal Information of 57 Million Uber Users
  15. HP Exposed more than 400,000 Customers Sensitive Information Online
  16. Imgur Data Breach Exposed 1.7 Million Users Emails and Passwords by Hackers

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Guru baran
Guru baranhttps://gbhackers.com
Gurubaran is a co-founder of Cyber Security News and GBHackers On Security. He has 10+ years of experience as a Security Consultant, Editor, and Analyst in cybersecurity, technology, and communications.

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