PayPal Confirms Six-Month Data Exposure Linked to Loan System Error

PayPal has confirmed a data leak in its Working Capital loan system that exposed names, dates of birth, and Social Security numbers for six months.

PayPal has officially confirmed a security incident that left the private information of some users exposed for nearly half a year. For your information, this issue was specifically linked to the PayPal Working Capital (PPWC) service, which offers business loans to small firms based on their account sales history.