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PayPal isn’t the only service being spoofed like this, of course. Explanation about “Why is my account restricted” displayed to add more credibility.
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Here is an example of a clever landing page where the user is asked to give out basically every essential piece of information needed for full access to their account and all its money: But when convincing landing pages are added to these convincing-enough emails, it’s a recipe for disaster. They can be juicy targets for scam messages about payment issues, like in the below phishing message:Īlthough it’s formatted fairly well, the above example’s text isn’t perfect. These can be especially deceptive to a frequent PayPal user, who is used to being asked to give out such sensitive data and is thus ready to provide it again.Other attacks target people who use PayPal often enough that they may lose track of all their orders. There are several different types of attacks, but the most common ones involve updating account details or resolving payment issues. What's in these PayPal phishing email scam messages?
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(Find out how to equip employees with the knowledge to defend themselves and protect the organization via phishing awareness training software). And trust raises the likelihood they’ll give out valuable information. Bad actors use spray-and-pray as a strategy, knowing their phishing scams will eventually reach someone who uses and trusts the ubiquitous service. Ironically, that brand recognition and hard-earned trust are now being exploited by bad actors in PayPal phishing email scams.Their phishing attacks cheat victims by spoofing the brand they trust in a barrage of emails mimicking trusted PayPal notifications. PayPal’s founding fathers-the notorious “ PayPal Mafia” of Peter Thiel, Elon Musk, Reid Hoffman, et al.-spent millions building one of the most iconic and trusted brands in existence to expand digital transformation of retail shopping. Then PayPal arrived and opened a new age of easy, secure transactions. Twenty years ago, people didn’t feel safe shopping online. If you suspect your account has been compromised, you can change your password and security questions by logging into your account.When is PayPal not your pal? When it's a bad actor sending PayPal phishing email scams. You can view any PayPal requests by logging into your account and selecting 'Activity.' From here, you can click on the fraudulent request and cancel it. If you receive an email out of the blue claiming to be from PayPal, don't click on anything or call any phone number. 'Nonetheless, we encourage customers to always be vigilant online and to contact customer service directly if they suspect they are the target of a scam.’ How to report PayPal scams PayPal said: 'We are aware of this well-known phishing scam and have put additional controls in place to mitigate this specific incident. If you call the number, you'll be ringing a scammer phishing for personal information such as your name, date of birth and bank account details. Other payment requests try to trick you by asking you to phone a number if you don't recognise the request. This particular email tries to panic you into calling a dodgy phone number. Watch our video at the top of the page to see exactly how it works. Please send a balance of within 48 hours to avoid a warrant being issued for your arrest or call '. The latest email states 'HMRC Tax Payment Overdue. This might seem above board, but scammers are exploiting PayPal's service to send fake payment requests for high-value items, and are posing as HMRC to demand 'overdue' tax payments. This scam starts with you receiving an automated 'money request' email from a genuine PayPal email address.
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Sign up for free Which? scam alert emails to find out about the latest scams news and advice PayPal payment request scam Watch our video above, or read on to learn about how this scam works. Last year, we reported on scam emails claiming your PayPal account has been locked. This is the latest in a long line of PayPal email scams. Scammers are exploiting PayPal’s 'request money' feature to scare people into calling a dodgy phone number and giving away their personal details.įraudsters are sending emails requesting payments for overdue taxes, or high-value items such as Apple MacBooks.
