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paypal hacking problemsNumerous users of TeamViewer, a popular remote access and meeting software, have reported their computers were remotely hijacked and PayPal and EBay accounts subsequently drained. Additionally, many users shared on Reddit that they actually witnessed the takeover. Other intruder activities that were observed included installing software and malware, making rogue purchases online and entering online accounts using auto-filled password keychains. Many of these reports occurred while TeamViewer’s systems were experiencing technical difficulties and fell offline. TeamViewer later claimed these difficulties were related to a non-DDoS attack. TeamViewer reached out to their users via Twitter on June 7: Recommended for You Webcast, September 7th: 3 Ways to Speed Up Your Marketing Review and Approval Process image: http://cdn2.business2community.com/wp-content/uploads/2016/06/TeamViewer-Tweet-Image-300x259.png.png TeamViewer Tweet Image TeamViewer denies it has been hacked. Instead, they blame users’ poor privacy habits, stating many are likely reusing password across multiple platforms. However, users fiercely dispute their claims — stating they’ve never reused passwords and even that their TeamViewer PINs were utilized in the takeover. It is still unclear exactly how this widespread security incident occurred. But with more than 1 billion user IDs, the TeamViewer hack has the potential to be quite widespread. Will my funding sources transfer when I start managing my account on PayPal.com? No. Since the requirements for PayPal Credit and PayPal differ, we cannot add your current funding sources without you going through approval and set up process of adding them yourself. This is also a security feature to make sure you are in control of who has access to your accounts. Will my previously scheduled payments transfer when I start managing my account on PayPal.com? Yes. Any payments you have already scheduled will still process on time from your previous funding sources. You’ll even see them process through your new PayPal.com interface, even though you will not be able to access those funding sources until you add them directly into your PayPal account. Will all of my information be carried over to PayPal.com? When you link PayPal Credit to your PayPal account, all credit history will automatically transfer over. The linking process is what will enable statements, transactions, account history and profile information to be displayed on PayPal.com. However, for security reasons, funding sources associated with your PayPal Credit account will not automatically transfer over PayPal.com. You will need to manually establish or update any links from financial institutions (such as your bank accounts) to PayPal Credit. We recognize this poses a minor inconvenience for customers, but for security reasons this information will not automatically transfer. Is there a number I can call if I have additional questions? Yes there is. Our customer service department is available to assist you with your PayPal credit related issues. Please call us at 1-866-528-3733 and we will do our best to help.Virtual currency (currency used only on the internet) that can be used to buy goods in online games through the social networking platform, Facebook. Facebook credits can be purchased online using a credit card, PayPal account, mobile phone or other various payment methods, or offline at various retailers. The credits can be used to purchase games or software applications, also referred to as apps. BREAKING DOWN 'Facebook Credits' Facebook credits can be used to buy intangible goods such as virtual gifts, parcels of virtual real estate, virtual weapons, tools and animals in platform-based video games. As of 2011, this virtual money is backed by real currency that's available in 15 different countries. Accounts held by an individual at a financial institution that are connected to each other, in order to enable the transfer of funds to and from each other. The most common linked transfer accounts are from savings accounts to checking accounts or credit card accounts. The purpose of using linked transfer accounts is to avoid interest charges or penalties on overdrafts, by using the funds parked in a savings account. BREAKING DOWN 'Linked Transfer Account' For example, say you have a checking account with a balance of $1,500 for your monthly expenses, a credit card with a credit limit of $2,000, and a savings account that pays you annual interest of 2% and has a balance of $10,000. The interest rate for the overdraft facility on the checking account is 7%; exceeding the limit on your credit card would result in a $50 penalty plus interest at 20%.