15.8 million PayPal accounts at risk after stolen passwords put up for sale

Here is a 182-word summary of the news article: A hacker going by the name "Chucky_BF" claims to have stolen details for 15.8 million PayPal accounts and is selling the data online for $750. The alleged trove of information includes email addresses and plaintext passwords, spanning accounts from Gmail, Yahoo, Hotmail, and other domains. While the authenticity of the data has not been confirmed, security experts suspect the information was obtained through means like infostealer malware, rather than directly from PayPal's servers. Some fake and test accounts appear to be mixed in with the legitimate data. PayPal has not yet issued a statement on the incident. However, the company is advised to investigate the claims and warn affected users. For those with PayPal accounts, it is recommended to closely monitor account activity, change passwords immediately, and update credentials on any other accounts using the same login details. Vigilance is also urged against potential phishing scams exploiting the situation. The scale of the breach, if verified, could pose significant risks to millions of PayPal users worldwide.
Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.