PayPal account information 'not compromised'

PayPal have said in a statement that "extensive forensic research" has shown "no evidence of unauthorized access or compromise to personal or financial information for PayPal customers."

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eBay users asked to reset password as a precaution. PayPal account information has NOT been accessed or compromised. http://t.co/0MQhclFJly

They also stated that PayPal never shares financial information with merchants, "including eBay" and that it encourages any eBay user who used the same password on other sites to change those too.

Read more: eBay users urged to change passwords after hacking

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eBay users urged to change passwords after hacking

eBay has urged its users to change their passwords after the website's database - containing names and contact details of customers - was compromised by hackers.