PayPal's new ad network using user data, data breaches from companies like Ticketmaster and Santander, RIVO OTP update risks, facial recognition misidentifications, and promotion of support through Patreon and Liberapay
PayPal plans to use customer data for targeted ads, aiming to expand to non-endemic advertisers.
Data breaches at companies like SaveRx and BBC highlight risks to data security and privacy.
Deep dives
PayPal's Data Usage for Ad Targeting
PayPal plans to leverage its customer data to create targeted ads for its Advanced Offers product, using AI to help merchants tailor discounts and promotions directed at PayPal users. They aim to expand beyond their own customer base to non-endemic advertisers, sharing data between PayPal and Venmo to personalize ads based on consumer behavior.
Data Breaches Impacting Various Companies
Several companies including SaveRx, First American, Cooler Master, BBC, Ticketmaster, Everbridge, and Santander have experienced data breaches impacting millions of individuals. These breaches exposed sensitive information like personal details, financial data, and employee records, posing risks to data security and privacy.
Facial Recognition Misidentifications and Privacy Concerns
Facial recognition technology like FaceWatch has led to instances of misidentification, as innocent individuals have been falsely accused of shoplifting. There are growing concerns about police use of facial recognition, with increased misidentifications and privacy violations. Organizations like Google and meta have faced criticism over potential privacy breaches related to tracking and data collection without user consent.
Episode 180: PayPal is launching a new ad service fed from existing user data, Raivo's latest update nukes your 2FA seeds, "The Largest Botnet Ever," and more!