Paypal-owned Canadian firm leaked 1.6 million customers' records

Paypal-owned Canadian firm leaked 1.6 million customers' records

While the suspension of service has left TIO billers afloat, the ultimate outcome may be even more damaging should PayPal decide to unwind the purchase.

Ryan Mosier said a vendor who owns one of the networks Duke Energy uses to process customer payments in walk-in locations announced on December 1 that they had identified a potential breach that exposed approximately 1.6 million of their customers, including 374,000 Duke Energy customers.

It said it had entirely suspended TIO's operations as of November 10 "to protect customer data as part of an ongoing investigation of security vulnerabilities of the TIO platform". TIO Networks makes digital bill-payment tools for utilities and other firms and offers kiosks that let people go to a convenience store to pay off their bills using cash. This issue is broader than Duke Energy and affects the customers of any company who used the Global Express network for payment processing.

Sierra Leone Peace Diamond Sold to House of Graff
In the past, "conflict diamonds" funded warlords and their campaigns during a decade of civil war in the small country. Ahead of Monday's auction, the diamond was shown to some 70 potential buyers and received seven bids, Rapaport said.

'PayPal suspended the operations of TIO to protect customer data as part of an ongoing investigation of security vulnerabilities of the TIO platform.

TIO Networks has begun notifying those potentially impacted by the security issue and PayPal has signed up credit reporting agency Experian to provide free monitoring for 12 months to customers which have been verified as victims. The hope was it could eventually introduce TIO's cash-based users to more of PayPal's digital services, helping the company bring in more active users to its base of almost 200 million customers. We sincerely apologise for any inconvenience caused to you by the disruption of TIO's service, ' said TIO Networks in a statement.

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