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Hacker claims PayPal loophole generates FREE MONEY

2014/06/13

The Register - (International) A man turned white hat reported a loophole in PayPal's system that can be exploited to earn free money by funneling cash into a mule account before filing for a transaction refund. The company stated that the vulnerability is an issue with its protection policy and did not give additional information about its ability to prevent one-off instances of the scam.

Source: http://www.theregister.co.uk/2014/06/13/hacker_claims_paypal_loophole_generates_free_money/

Note: This news synopsis is taken from the DHS Daily Open Source Infrastructure Report, a daily [Monday through Friday, except US Federal holidays] summary of open-source published information concerning significant critical infrastructure issues; a 10-day archive of the DOSIR can be found at: http://www.dhs.gov/dhs-daily-open-source-infrastructure-report.


Last Updated: 27 May 2016 10:20:33