Data Security News Headlines 5th December 2017

  1. PayPal’s TIO Networks breach affects millions of customers

In July this year, the online payment giant PayPal acquire Canadian bill payment management company TIO Networks for $233 million (€196m) in cash. But according to the latest report, now the company has revealed that TIO Networks have suffered a massive data breach in which personal information of 1.6 million customers has been stolen. PayPal said that a review of TIO’s network revealed around 1.6 million of its customers were impacted by the breach in which data including locations that stored personal information of TIO’s customers and customers of TIO billers was stolen. Although PayPal didn’t provide more details on the stolen data since TIO systems are completely separate from the PayPal network. The data breach in TIO Networks was discovered as part of an ongoing investigation for identifying security vulnerabilities in the payment processing platform.

Cyber Security Tips:  Customers are strongly recommended that keep monitoring their account if any incident happened immediately contact the company and keep eye on company’s statement.


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a free website or blog at

Up ↑

%d bloggers like this: