Additionally, the company has already provided the victims with free identity monitoring from Equifax for two years. PayPal ought to have already changed your password if you were a victim of the attack. This type of attack uses an automated method, with bots running lists of credentials to "dump" into login sites for multiple services.Ĭredential stuffing targets people who use the same password for numerous internet accounts, a practice known as "password recycling." Is Your Account Affected by the Attack? What Is a Credential-Stuffing Attack?Īttacks involving username and password combinations obtained via data leaks on numerous websites are known as "credential stuffing" attacks. The company reportedly said the intruders carried out no transactions, but the hackers had access to comprehensive personal information such as full names, dates of birth, postal addresses, social security numbers and unique tax identification numbers. More likely, the credentials were obtained through data breaches involving other online businesses. It claimed to have uncovered no proof of a security flaw in its systems or that the user login information was stolen directly from PayPal. The widespread password reuse among its customers was to blame for a significant breach of personal data, PayPal said, as per the outlet. In addition to identifying the problem and taking steps to mitigate it, the company launched an internal investigation to learn how the hackers gained access to the account, GizChina reported. The fintech giant revealed in the said letter earlier this month that the attack occurred between Dec. A security incident alert letter has reportedly been sent to thousand so PayPal account holders, suggesting that 35,000 client accounts were compromised in a credential-stuffing attack.
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