The definition of karma: PayPal president’s bank card will get hacked
Should you’ve ever misplaced entry to your PayPal holdings by way of no fault of your personal — say, following a shady cash switch — chances are you’ll be tempted to take pleasure in a bit schadenfreude in the present day. PayPal president David Marcus studies that somebody used a skimming gadget to clone his bank card whereas he was within the UK, letting the perpetrator make a “ton” of fraudulent purchases. It is nearly the embodiment of karmic payback, is not it? In equity, the chief is true when he notes that the incident would not have occurred if the service provider accepted PayPal; the corporate would have masked the cardboard quantity and rendered the skimmer ineffective. And we sincerely hope that Marcus’ funds are again so as. All the identical, the affair exhibits simply why enterprise leaders must be sympathetic to their clients’ issues — someday, they could be caught in the identical boat.
My card (with EMV chip) acquired skimmed whereas within the UK. Ton of fraudulent txns. Would not have occurred if service provider accepted PayPal…
– David Marcus (@davidmarcus) February 10, 2014