Hacking can happen to the best of us, even the presidents of global IT providers. According to
E-Hacking News, David Marcus, PayPal president, has said that his credit card data was compromised. The cybercriminals made several fraudulent transactions using the obtained information.
Marcus'
tweet, which announced the fraudulent activity, reads: "My card (with EMV chip) got skimmed while in the UK. Ton of fraudulent txns. Wouldn't have happened if merchant accepted PayPal..."
Not everyone within the IT community is sympathetic. John Fingas, writing for
Engadget, notes: "It's virtually the embodiment of karmic payback, isn't it?", which the writer sees as a reference to "If you've ever lost access to your PayPal holdings through no fault of your own -- say, following a shady money transfer -- you may be tempted to enjoy a little
schadenfreude today".
The incident highlights the continual battle between technology companies and the hacking community.
