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Five arrested over 'Anonymous' DDoS attacks

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Five males have been taken into custody this morning, after their attacks against websites like PayPal, Visa, Mastercard and Amazon. The massive online group called 'Anonymous' was successful in disrupting service to the websites, all...

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Paypal releases Wikileaks funds

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In the midst of various DDOS attacks, Paypal has moved to release Wikileaks' funds from it's account, after it was suspended late last week for a breach of the sites Terms of Service. AllthingsD reports that...

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PayPal Marks Its 10th Anniversary.

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PayPal, the San Jose company that revolutionized the way payments are made online, marks its 10th anniversary this year. It has officially launched a site PayPal-10 which features a number of interviews with PayPal...

Paypal to block 'unsafe browsers'

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Web payment firm Paypal has said it will block "unsafe browsers" from using its service as part of wider anti-phishing efforts. Customers will first be warned that a browser is unsafe but could then be...

Paypal CEO joins RuneScape Developers

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Jagex Ltd, the developer of popular online MMORPG RuneScape, announced that Geoff Iddison, the former European CEO of PayPal, has joined the company as CEO. Iddison has extensive experience in leading international e-commerce-based businesses. Iddison...

eBay, PayPal, And Yahoo Join To Fight Phishing

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eBay, PayPal and Yahoo have begun collaborating to keep Yahoo Mail customers safe from phishing by using Yahoo's Domain Keys technology in the U.S. to block e-mail messages that claim to come from eBay or...

Voice Phishers Dialing for PayPal Dollars

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Internet security experts have discovered a new phishing scam that uses voice recordings to pilfer money from PayPal accounts. In the newest social engineering attack, identity thieves have spammed fake PayPal account compromise warnings to...

Paypal Fixes Fatal Flaw

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Updating a previous story, Paypal has found and fixed the URL which was re-directing traffic to a server in Korea, which is also in the process of shutting down that server. Online transaction outfit, PayPal...

PayPal Security Flaw allows Identity Theft

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A security flaw in the PayPal web site is being actively exploited by fraudsters to steal credit card numbers and other personal information belonging to PayPal users. The issue was reported to Netcraft today via...

The IRS is After Your PayPal Account

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The Internal Revenue Service (IRS) has received approval from a federal court in San Jose, California, to ask PayPal to turn over your account information. The IRS is after anyone who...

PayPal Glitch Sparks Customer Anger

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Online payments company PayPal is working to fix a glitch that has been causing duplicate debit card withdrawals and deposits on some customer accounts since the beginning of September. The problem first...

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