PayPal’s TIO Networks reveals data breach impacted 1.6 million users

PayPal’s recently-acquired payment processor TIO Networks has revealed that up to 1.6 million customers have had their information stolen in a recent data breach.

Last week, the Vancouver, Canada-based TIO Networks said that following the suspension of operations, evidence has been uncovered of a data breach due to “unauthorized access.”

In a statement, the company said that unknown attackers were able to gain access to “locations that stored personal information of some of TIO’s customers and customers of TIO billers.”

Read more about the data breach which may have impacted up to 1.6 million users on ZDNet.

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