Massive Disruption of PayPal Subscription Service 95
hausmasta writes "Since August 30, there are massive problems with PayPal subscriptions. The automatic renewal of subscriptions stopped that day, causing headaches for lots of web site owners that rely on this kind of revenue. The problem is global, as this thread in the PayPal Developer Community shows. PayPal is aware of the problem but hasn't indicated any progress yet; some posters are wondering whether they have stopped working on it over the long (US) holiday weekend."
Well.... (Score:3, Insightful)
(Posted by an American)
Re:Not good for Paypal, but geez (Score:1, Insightful)
Re:Well.... (Score:3, Insightful)
Re:This is a symptom of management... (Score:1, Insightful)
However, IT is just as important, if not more, than the expenses for guards, building security, and locks on the doors. Companies will buy high security Medeco and Abloy locks for their doors, then not hire anyone capable of managing more than a playground home network.
Companies get what they pay for. I don't think this is the case with PayPal, as they seem to be more proactive in general, but in a lot of companies, they buy the absolute cheapest people they can... then wonder why their main server with accounting info has been totally compromised, and is spewing spam over the globe, as well as sporting the latest and greatest keyloggers.
I wish management in most companies would understand that IT is just as important as physical security, or physical access and building space, however that's a pipe dream these days.
Re:NO! (Score:4, Insightful)
* And yes, your mom helped. Just figured I'd add that to keep out any obvious your mom jokes that may or may not come my way after typing such an obvious attack vector.
Re:Well.... (Score:4, Insightful)
I agree 113.763%. PayPal gives me the creeps. How any sane person can be comfortable dealing with an unregulated bank eludes me. Personally, I simply won't deal with PayPal unless and until they submit themselves to effective external regulation.
That said, It seems to me like this particular problem is something that could affect any on-line 'bank' -- even a reputable one. It's sort of analagous to having your brick and motar bank shut down by flood, fire, earthquake, riots, power failure.