Meanwhile, Jasson Casey, chief technology officer at Beyond Identity, goes even further and argues that "you can't have effective security if you are still using passwords." While accepting that PayPal is seemingly doing the best it can for the customers involved in this security incident by recommending password changes, Casey insists that "passwords - whether unique or complex - are fundamentally flawed." Instead, Casey says, organizations should be moving to phishing-resistant credentials such as the FIDO Alliance standard blueprints. But, if PayPal finds the access was actually through your internet access or that you left your Facebook account insecure, then you would be out the money. "High-profile breaches must serve as a wake-up call for organizations large and small to implement a zero-trust architecture, enable MFA, and use strong and unique passwords," Craig Lurey, chief technology officer, and co-founder at Keeper Security says. PayPal is sending out notifications to customers whose accounts were accessed by hackers following a large-scale credential stuffing attack late last year. We found PayPal vulnerabilities but PayPal called them trivial. If PayPal finds it was a hack you should get your money back. TAGS IGNORE: paypal hack without human verification or survey, paypal hack 500 in 30 seconds, paypal hacked credit card, paypal got hacked, paypal hacked today, paypal hacked accounts with passwords, paypal hacked accounts with passwords and money. MORE FROM FORBES LastPass Password Vaults Stolen By Hackers-Change Your Master Password Now By Davey Winder
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