British mobile payments company Paysafe has come clean about the cyber-attacks it suffered five years ago, admitting that more than seven million accounts were compromised.

Formerly known as Optimal Payments Plc, Paysafe, in a statement released to the London Stock Exchange on Monday revealed details about the cyber-attacks that happened to Neteller and Skrill in 2009 and 2010.

The Neteller database was hacked in 2009 through as hackers exploited a vulnerability in their Joomla content management system. Hackers were able to access 3.6 million accounts. Moneybookers, now Skrill, saw its virtual private network (VPN) hacked in 2010, giving the hackers access to 4.2 million accounts.

Paysafe, which was unaware of the breaches at that time, stated1,500 customers had their accounts compromised following the 2009–2010 cyber-attack and the company immediately took action to restore these accounts and reimbursed the affected customers.