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PayPal President Forced To Pay With Credit Card, Gets Hacked

11
Feb
2014

In a crazy twist of fate worthy of a Steven King novel or a Bachelor Pad finale, PayPal president David Marcus recently became the victim of credit card skimming and a bunch of fraudulent transactions in the UK. According to Mr. Marcus’s Twitter feed, the PayPal president believes his card was probably skimmed at his hotel. Ever the resourceful businessman, Mr. Marcus took to Twitter to remind everyone that THIS IS WHY WE ALL SHOULD USE PAYPAL ALL DAY ERRY DAY, pointing out that not even his card’s EMV chip—thought to be an effective security measure—could prevent thieves from stealing his credit card data. It’s not like PayPal’s never done anything wrong.

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