News: But how come?: PayPal President, David Marcus' credit card hacked for shopping spree

PayPal President David Marcus said on Mon. Feb.10 that his credit card details were stolen and the information was used to finance a fraudulent spending spree.
Marcus said the card was probably "skimmed" at the hotel he was staying at, or at a merchant he visited, during a recent trip to the U.K.
"They then cloned it and went on a shopping spree," the executive wrote on Twitter.
Marcus noted that his credit card had EMV chip technology, a more secure system currently in use in Europe. But that didn't stop the data from being stolen and used for a "ton of fraudulent" transactions, according to the PayPal chief.