Spread Group was the target of an organized cyber-attack which was carried out with considerably vicious criminal intent. You might’ve read about it in our recent emails, press release or FAQ. For the sake of transparency and your accounts safety, we would like to recommend again that you change your account password and PayPal password. Of course, we don’t have access to nor do we store any password information from accounts at PayPal. Generally, we recommend changing your password if you haven’t done so in a while, especially to protect sensitive data.
Data security is our number one priority, and we are taking this incident extremely seriously. Our crisis team is working with external cyber-security specialists to systematically reconstruct the events. We will be implementing additional measures to ensure that this kind of breach cannot happen again. We sincerely apologize for any inconvenience this has caused you and your customers.
We will continue to keep you updated as the situation develops, and new information arises. Until then, you can visit our FAQ to learn more.