PayPal's 'bad code' leads to unauthorized payments

Key insights: PayPal suffered a breach due to a faulty code in its small-business lending group. What's at stake: The breach comes as PayPal attempts to recover from an earnings slump. Forward look: PayPal has refunded the stolen funds and offered two years of free credit monitoring. PayPal has spent the past few weeks cleaning up after a data breach caused some customers to lose funds to hackers. PayPal's Feb. 10 breach disclosure letter said that on Dec. 12, the company discovered a coding error i ...