Techlore Surveillance Report PayPal's New Ad Network Uses Your Data?!
Jun 2, 2024
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
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PayPal Turning Purchase Data Into Ads
- PayPal will use transaction and spending data from PayPal and Venmo to serve and personalize ads across other sites and connected TVs.
- This expands PayPal from payment processing into targeted advertising using rich purchase signals.
Avoid PayPal If You Value Privacy
- Avoid using PayPal when possible if you value privacy, since your purchases may be used to train ad models and target you.
- Consider alternatives like Stripe or other payment methods to reduce exposure to targeted ads.
Widespread Breaches Expose Highly Sensitive Data
- Multiple breaches hit a variety of sectors: healthcare benefits, finance, hardware manufacturers, and media employee data.
- Stolen datasets included sensitive items like SSNs, unencrypted credit cards, and pension records, increasing exposure risk.