John Nai, Chief Information Security Officer, PayPal

Last month, we announced that we had entered into an agreement to acquire CyActive, a cybersecurity firm based in Israel that will add detective and predictive malware technology solutions to PayPal’s world-class security platform. Today, I’m thrilled to announce that we’ve finalized the acquisition, making CyActive the newest member of the PayPal family.

Welcome to PayPal, CyActive team!

With the acquisition of CyActive, PayPal is expanding its security efforts and launching a new security Center in Israel. Located in one of the world’s top cybersecurity hubs, this new center will allow us to take advantage of the country’s innovative technology and world-class talent, while also extending the capabilities we’ve developed through the success of our Fraud and Risk Detection Center in Tel Aviv.

Our customers’ security is a paramount concern at PayPal, and we’re constantly searching for new ways to bolster our efforts around predictive threat detection and prevention. With the launch of our new security center, and with CyActive’s industry-leading technology officially part of our security platform, we now have even more ways to protect our customers.