An interesting article! If I read it correctly, this person did not set up or use Paypal. This is an important point as the article, as I read it, isn't saying that paying for stuff online with Paypal can cause you to lose all your money.

What appears to have happened is effectively identity theft. If you know a person's bank account info, you can set up a PayPal account for yourself and tie it to another person's account. Then you can go shopping with Paypal. This is actually effectively the same as someone getting hold of your credit card number (etc.) and then using your credit card account to go shopping.

As such, I would say everyone one of us who use a computer and who use or have bank account info stored on our computer is at risk of this same Paypal (and credit card) fraud. If you do banking online or have banking info (e.g. Quicken, Money, etc.) on your computer it's critical that you have a top rated antivirus/anti-malware application installed, too.

On that note, I think it's safe to recommend to never use your eDGe to access online banking, or to store credit card or banking info on your eDGe as Android, as it currently seems to be, is not at all secure from data theft.