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PayPal To Pay $2M To NY Regulator In Cybersecurity Deal

By Katryna Perera ( January 23, 2025, 6:37 PM EST) -- PayPal agreed on Thursday to pay a $2 million fine to the New York State Department of Financial Services to resolve allegations that it failed to use qualified personnel to manage key cybersecurity functions and failed to provide proper training to address cybersecurity risks, resulting in sensitive customer information being vulnerable to hackers....

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