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Other => Off-topic => Topic started by: the_poet on February 05, 2014, 10:25:38 AM



Title: Paypal hacked
Post by: the_poet on February 05, 2014, 10:25:38 AM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/


Title: Re: Paypal hacked
Post by: hilariousandco on February 05, 2014, 11:46:20 AM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/

Well, they just 'hacked' the frontpages. Hacking or gaining access to accounts or sensitive data is a far more difficult task. Decentralized systems have their drawbacks too.


Title: Re: Paypal hacked
Post by: the_poet on February 05, 2014, 12:37:42 PM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/

Well, they just 'hacked' the frontpages. Hacking or gaining access to accounts or sensitive data is a far more difficult task. Decentralized systems have their drawbacks too.

It doesn't mean they couldn't access sensitive data, probably they just wanted to have the company and their users understand what it is like to be unable to use the service. Hence their tweet "If your Paypal account is down for a few minutes, think about Syrians who were denied online payments for more than 3 years. #SEA"


Title: Re: Paypal hacked
Post by: Cheesus on February 05, 2014, 12:50:00 PM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/

Well, they just 'hacked' the frontpages. Hacking or gaining access to accounts or sensitive data is a far more difficult task. Decentralized systems have their drawbacks too.

It doesn't mean they couldn't access sensitive data, probably they just wanted to have the company and their users understand what it is like to be unable to use the service. Hence their tweet "If your Paypal account is down for a few minutes, think about Syrians who were denied online payments for more than 3 years. #SEA"
Highly doubt it, if they wanted to show strength they would've hacked into something important, not into frontpage changing


Title: Re: Paypal hacked
Post by: hilariousandco on February 05, 2014, 12:58:14 PM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/

Well, they just 'hacked' the frontpages. Hacking or gaining access to accounts or sensitive data is a far more difficult task. Decentralized systems have their drawbacks too.

It doesn't mean they couldn't access sensitive data, probably they just wanted to have the company and their users understand what it is like to be unable to use the service. Hence their tweet "If your Paypal account is down for a few minutes, think about Syrians who were denied online payments for more than 3 years. #SEA"
Highly doubt it, if they wanted to show strength they would've hacked into something important, not into frontpage changing

Yeah, there's a difference between the security of a frontpage and those containing account data.


Title: Re: Paypal hacked
Post by: rohnearner on February 05, 2014, 02:13:04 PM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/
lol personally i don't like paypal it puts limitation to your acc/ without any reason, many peoples lost thousands of $$ with paypal may be one of the paypal victim just thought its revenge time. 


Title: Re: Paypal hacked
Post by: yatsey87 on February 05, 2014, 02:33:30 PM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/
lol personally i don't like paypal it puts limitation to your acc/ without any reason, many peoples lost thousands of $$ with paypal may be one of the paypal victim just thought its revenge time. 

Paypal would be great if they just sorted their flaws out, but they don't seem willing to. Hopefully they will be forced to chnage their ways by users in the future.


Title: Re: Paypal hacked
Post by: yayayo on February 05, 2014, 05:19:07 PM
I will celebrate the day paypal is out of business.

I'm so glad, bitcoin is here to replace their business.

ya.ya.yo!


Title: Re: Paypal hacked
Post by: rohnearner on February 06, 2014, 05:58:17 AM
I will celebrate the day paypal is out of business.

I'm so glad, bitcoin is here to replace their business.

ya.ya.yo!
Yeah BTC may be the reason for the demise of Paypal , Payza , stp and other services ..!


Title: Re: Paypal hacked
Post by: DeathProxy on February 06, 2014, 06:06:07 AM
Paypal is very risky. I wouldn't store big amount or receive thru paypal. You can be hack, your seller can chargeback or paypal limited you anytime without proper cause.


Title: Re: Paypal hacked
Post by: hilariousandco on February 06, 2014, 11:53:44 AM
Paypal is very risky. I wouldn't store big amount or receive thru paypal. You can be hack, your seller can chargeback or paypal limited you anytime without proper cause.

Well a lot of that also applies to Bitcoin. PP has it's advantages too. If you do get hacked there's a good chance you'll get your money back, not so much with BTC.


Title: Re: Paypal hacked
Post by: atc1 on February 06, 2014, 11:55:51 AM
Paypal is very risky. I wouldn't store big amount or receive thru paypal. You can be hack, your seller can chargeback or paypal limited you anytime without proper cause.

Yeah,the transactions are reversible,but not gift payments,which may also be a bad thing because I've heard of someone on these forums getting scammed like that.


Title: Re: Paypal hacked
Post by: hilariousandco on February 06, 2014, 12:02:03 PM
Paypal is very risky. I wouldn't store big amount or receive thru paypal. You can be hack, your seller can chargeback or paypal limited you anytime without proper cause.

Yeah,the transactions are reversible,but not gift payments,which may also be a bad thing because I've heard of someone on these forums getting scammed like that.

Are you sure about the gift payment option? I'm sure people have been scammed on here even using that. I'm sure you can still chargeback on your creditcard too.


Title: Re: Paypal hacked
Post by: E.exchanger on March 19, 2014, 11:10:02 PM
iam sorry to sound like a moron here but i guess Paypal should get screwed once they much need it !!!


Title: Re: Paypal hacked
Post by: Revolution on March 20, 2014, 12:07:24 AM
This is to prove how vulnerable and weak centralized systems are:

http://mashable.com/2014/02/01/syrian-electronic-army-ebay/

Well, they just 'hacked' the frontpages. Hacking or gaining access to accounts or sensitive data is a far more difficult task. Decentralized systems have their drawbacks too.

This.

Working with both together is best.

Centralized offline systems for safe money keeping and decentralized for quick money schemes


Title: Re: Paypal hacked
Post by: mexxer on March 20, 2014, 01:43:37 PM
paypal and centralized currencies are full of weaknesses, BTC ftw


Title: Re: Paypal hacked
Post by: bitgeek on March 20, 2014, 05:35:30 PM
I hope paypal dies a painful death.