NYDFS Superintendent Harris Secures $2 Million Cybersecurity Settlement with PayPal

New York State Department of Financial Services Superintendent Adrienne A. Harris announced that PayPal, Inc. (NASDAQ: PYPL) will pay a $2 million penalty to New York State for violations of DFS’s Cybersecurity Regulation. An investigation determined PayPal failed to use qualified personnel to manage key… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged adrienne harris, cybersecurity, enforcement action, nydfs, paypal