Anonymous hackers jailed for PayPal, MasterCard, Visa attacks

Two hacker associated with the infamous Anonymous group have been sentenced to jail time for their role in DDoS attacks on the websites of MasterCard, Visa, and PayPal. 22-year-old Christopher Weatherhead and 28-year-old Ashley Rhodes, both from the UK, will spend 18 months and seven months in jail, respectively.

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The attacks costs all the companies involved a large sum of money, and it cost PayPal alone over $5.5 million. Both Weatherhead and Rhodes were found guilty of conducting various DDoS attacks between August 2010 and January 2011, and the sentences are said to be the first convictions for DDoS attacks in the UK.

Co-conspirators Peter Gibson and Jake Birchall also face sentences, although Gibson was sentenced to six months in jail, with a two-year suspension, while Birchall will face the judge on February 1. The hacking group called the attack “Operation Payback” and targeted various payment sites that had withdrawn support from Wikileaks.

Anonymous ended up launching DDoS attacks against PayPal, MasterCard, Swiss bank PostFinance, Visa, and Amazon. The financial impact other websites were not disclosed, although it’s said that Weatherhead once bragged online at having caused almost $1.6 million in damage to MasterCard.

[via BBC News]


Anonymous hackers jailed for PayPal, MasterCard, Visa attacks is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

PayPal promises to overhaul overbearing fraud filters in the coming months

PayPal is the biggest, most popular, and most widely used online payment processor in the world today. The problem with PayPal for many users is that company has a history of incredibly overreaching fraud filters that ensnare legitimate users who are doing no wrong, leaving them unable to access their money. PayPal put fraud filters in place to be sure criminals weren’t abusing its digital payment system.

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If legitimate users were caught by the fraud filters proving that you weren’t a scammer involved significant amounts of time and paperwork. PayPal has recently announced that it will be rolling out a major overhaul to its system over the next several months. The company isn’t offering much in the way of details on what exactly it will be doing.

PayPal senior director of communications Anuj Nayar promises, “these are aggressive changes.” Nayar wouldn’t go into specifics reports CNN, but did note that transparency will be a major focus. He promises that PayPal will be clearer about how people can get their frozen funds and explaining why the freeze actions were taken.

Anyone who dealt with PayPal in a frozen fund situation knows that typically the only information you’re given is that fraud was suspected. PayPal freezes funds and accounts for 21 days if they think there’s a fraud risk. PayPal can also extend that for up to 180 days. Often one of the requests by PayPal to be able to unlock the frozen funds would include several months worth of sales records. However not all legitimate sellers keep sales records.

[via CNN]


PayPal promises to overhaul overbearing fraud filters in the coming months is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

PlayStation Now Supports PayPal In North America

 PlayStation Now Supports PayPal In North America

PayPal is becoming more widely accepted lately as you can purchase many goods using your PayPal account, including Starbucks coffee. You can even purchase digital goods from your Xbox 360 as they’ve been accepting PayPal for months now, and it looks like PlayStation 3 and PS Vita owners will finally be able to use the service to purchase their digital goods now.

The process isn’t as easy as it is on the Xbox 360 as you could input your PayPal information from the dashboard in order to access it when needed. Instead of being able to input your PayPal information in your account settings on either your PS3 or PS Vita, you’ll need to visit the Sony Entertainment Network site, enter your account information, and then access your wallet to then add funds through PayPal.

Supporting PayPal is certainly a step in the right direction, but Sony needs to mainstream this process by supporting it within the PlayStation 3′s XMB or on the PS Vita. I’m sure there are many of you out there, who like me, couldn’t be bothered visiting the Sony Entertainment Network site and will probably not link your PayPal account to your PSN account until it’s available directly on the PS3 and PS Vita. Until then, thanks for the thought, Sony.

By Ubergizmo. Related articles: Next-gen Xbox Architecture Details Leaked , Minecraft Xbox 360 To Get Update 8 Soon,

US PlayStation Store now offering PayPal option

Given the number of undesirable people who won’t hesitate for a second when it comes to making off with your financial information, there are many gamers who are understandably not willing to pay with a credit or debit card when buying games digitally. Previously, those who didn’t want to use a credit card on the PlayStation Store were left with one option: buying a PlayStation Network card and redeeming the code online. Today, however, Sony has announced that US PlayStation Store users can now make payments with their PayPal account.

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Be you switch on your PS3 and jump online to buy up all sorts of games, you should know that you can’t use PayPal to pay for purchases on the console. Instead, you’ll need to head over to the Sony Entertainment Network website and use PayPal to add funds to your wallet from there. At the moment, the PayPal option isn’t appearing for us, so it may be that Sony is rolling out this functionality to users in waves.

Just the same, it seems that others can’t get PayPal payments to work. While Joystiq sees the option to add funds using PayPal, it says that each attempt to do so has failed. So, while some aren’t having any issues using PayPal with their PlayStation Network account, it would appear that the feature has launched with a few kinks left to iron out.

At any rate, once the service is up and running, we imagine quite a few gamers will be pleased as punch. Using PayPal is certainly much faster than heading out to the store to pick up a prepaid card, and this is a feature that US consumers have wanted for a while. Are you having any issues getting your PlayStation Network account to play nice with PayPal?

[via VG247]


US PlayStation Store now offering PayPal option is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

PayPal in-store payment system now available at over 18,000 locations

Throughout the past year or so, PayPal has been working to make its in-store payment platform more robust by bringing in a number of new retail partners, including Home Depot, Guitar Center, Barnes & Noble, and JC Penney. However, today the company has revealed that PayPal users can now pay for items in over 18,000 physical stores throughout the US.

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PayPal announced today that 23 large national retailers have begun participating in PayPal Now, and the service is now available at 18,000 retail locations around the United States. PayPal Now officially launched back in May of 2012 to extend PayPal’s payment platform into physical stores. Shoppers simply enter their phone number and a pin code during checkout instead of swiping their credit or debit card.

The service is definitely useful for people who forget their wallets, or for those who just prefer to keep all of their transaction under one roof. There are also opportunities to earn digital coupons and loyalty points by choosing this method of payment, so there’s definitely an incentive to use the new platform other than convenience.

Square is obviously PayPal’s biggest competitor, with its own plans in the retail realm that includes a major partnership with Starbucks. It’ll be interesting to see where the mobile payment industry goes from here. Google Wallet is making the rounds, and while it’s not yet a well-known avenue for payments, it just could be a matter of time before we see it take off.


PayPal in-store payment system now available at over 18,000 locations is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

PayPal launches prepaid PayPal My Cash Card

One of the more annoying things about PayPal and getting money into your account has always been the need to transfer money from your bank account. Bank account transfers have been the primary method of getting money into a PayPal account since the service launched. PayPal announced that it has now launched its first fully branded cash loading card.

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The cards are called the PayPal My Cash Card and allow users to load their PayPal account using cash rather than having to mess with bank transfers. The cards will be sold at pharmacies and discount stores around the country including CVS, Rite Aid, Fred’s, Dollar General, Family Dollar, and others are coming soon. The cards will be available in 30,000 locations across the United States.

PayPal plans to double that reach by 2013 to 60,000 retailers. To activate the card, the buyer would purchase the dollar amount they want to load with a card available in fixed amounts such as $20, $50, $100, and higher. Cards are available all the way up to $500 in value.

The user would purchase the card, pay the dollar amount at the retail location, and then go to PayPal and enter a pin number provided on the back of the card to access the money immediately in their PayPal account. Users can create a PayPal account during this process. PayPal charges $3.95 activation fee and users can load up to $500 per day to a maximum of $4000 per month. No credit check is required for the cards but users do have to provide a name, address, date of birth, and Social Security number to verify identity.

[via TechCrunch]


PayPal launches prepaid PayPal My Cash Card is written by Shane McGlaun & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Distro Issue 69: Can David Marcus fix PayPal’s reputation?

Distro Issue 69 Can David Marcus fix PayPal's reputation

It’s no secret that PayPal has had its fair share of speed bumps, but can a change in leadership help usher in a new era? The online payment outfit’s new president, David Marcus, seeks to do just that and we offer a look at said task inside our weekly. As far as full-length reviews are concerned, we put both the Galaxy S III Mini and Acer’s $199 Chromebook through their respective paces. IRL is back with another look at our personal gadget stash, Recommended Reading examines the Lytro and The Almost’s Jon Thompson takes a run at the Q&A. The requisite download links reside below, leaving you mere clicks away from some relaxing weekend e-reading.

Distro Issue 69 PDF
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Source: iTunes, Google Play

eBay and PayPal see big jump in mobile payments this Thanksgiving

Betwix watching football, eating turkey, and enjoying the holiday festivities, shoppers used their mobile devices to pay for a large amount of their online shopping sprees. Both eBay and PayPal saw a massive jump in mobile payments this Thanksgiving holiday. The figures are compared to the payment numbers from Thanksgiving 2011.

EBay saw a 133-percent increase in mobile payments over their 2011 figures. PayPal saw a bigger jump, with a 173-percent increase over last year’s figure. The most active time period for mobile payments was between noon and 1pm Pacific time (3pm and 4pm Eastern time). This is in line with the spike in mobile usage that has happened over the last couple years.

For PayPal, the cities that clocked the most mobile payments includes Houston, Los Angeles, Chicago, Miami, and New York, in order by quantity. Mobile payments from Thanksgiving 2010 to 2011 increased 511-percent. If the numbers are any indication, shoppers are embracing the convenience of shopping from the comfort of their home.

This time span lines up with when Instagram traffic reached its peek today. The photo-filter app experienced its biggest day ever today, with in excess of 10 million photos being shared over a 24-hour period. At the height of its traffic, 226 Thanksgiving images were shared per second. This trumped the 800,000 shared during Hurricane Sandy.

[via Venture Beat]


eBay and PayPal see big jump in mobile payments this Thanksgiving is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Anonymous celebrates Guy Fawkes Day with reported PayPal hack [UPDATE]

In case you don’t remember, today is Guy Fawkes Day. Anonymous is trying to make sure that you remember the fifth of November, taking to Twitter today to announce that it has hacked PayPal and made off with nearly 28,000 passwords. According to The Next Web, Anonymous posted these passwords (along with usernames and telephone numbers in some cases) to Private Paste, though at the time of this writing the page linked to by the AnonymousPress Twitter account has been taken down. [UPDATE: PayPal responds below.]


PayPal says that it is currently investigating the claims of a breach, but so far the company hasn’t found any evidence that it has been hacked. SEE: quote below. That isn’t all Anonymous has been up to though, as the BBC reports that Symantec is looking into claims that it has been hacked as well. Over the weekend, sites belonging to NBC, Lady Gaga, and the Australian government were compromised in an apparent protest for Guy Fawkes Day.

“It appears that the exploit was not directed at PayPal after all, it was directed at a company called ZPanel. The original story that started this and was retweeted by some of the Anonymous Twitter handles has now been updated.” – PayPal Spokesperson

Guy Fawkes, who attempted to blow up the House of Lords in an effort to kill King James I back in 1605, has become something of a legend within Anonymous, thanks to 2005′s V for Vendetta. “Members” of the group often wear Guy Fawkes masks that were used in the movie when they appear publicly, and indeed, a few of the websites displayed the famous Gunpowder Treason rhyme after being compromised. “Remember, remember the fifth of November, the Gunpowder Treason and Plot,” the rhyme commands. “I know of no reason why the Gunpowder Treason should ever be forgot.”

A number of the sites that were reportedly compromised in this Guy Fawkes protest are now back to normal, but you can bet that Anonymous is pleased with the attention it has received this fifth of November. Even though PayPal hasn’t confirmed that it was hacked, it might not be a bad idea to switch up your password if you happen to be a customer. Knowing Anonymous, this won’t be the last we hear of the hacktivist group today, so keep it tuned here to SlashGear for more details.


Anonymous celebrates Guy Fawkes Day with reported PayPal hack [UPDATE] is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Anonymous Claims To Have Stolen 28,000 PayPal Passwords

Hacking collective Anonymous claims it’s stolen around 28,000 user details from a server used by PayPal, with what appears to be email addresses, names and associated passwords appearing on a selection of online sharing services. More »