PayPal Reveals Six-Month Data Breach Due to Loan App Glitch

PayPal disclosed a six-month data breach caused by a software bug in its PayPal Working Capital loan app. The flaw exposed sensitive customer information, including Social Security numbers, business contact details (name, email, phone number, and address), and other personal data. The breach was attributed to a technical error rather than a malicious attack. No specific dates for the exposure period or exact number of affected users were provided. The incident was linked to a glitch in the loan application system, though no CVE ID or further technical details were mentioned.