My PayPal account was hacked on Christmas Eve. The perpetrator tried to further stir up trouble by sending my PayPal funds to a hacker gang that recruits for the terrorist group ISIS. Although the intruder failed to siphon any funds, the successful takeover of the account speaks volumes about why most organizations -- including many financial institutions -- remain woefully behind the times in authenticating their customers and staying ahead of identity thieves.
via Krebs on Security http://bit.ly/1Vv29z6
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