Experts Warn that New PayPal Phishing Email Campaign Strikes Internauts

Phishing emails emulating PayPal, the online payment service, and requesting for account log-in details are presently in circulation, warn security experts, published softpedia.com on November 30, 2013.

The email is from a spoofed PayPal address and tells the recipient that it (PayPal) is continuously working to guarantee safety by continually viewing the accounts in its system. It says that it has recently reviewed the recipient's account and requires more details to help it to provide the customer secured service and till then, his entrée to crucial account features shall be limited. It shall restore his access as quickly as it can and thereby it apologizes for the problem.

It gives reasons to the recipient as to why his account access has been limited? They include: As (PayPal) wants to ensure that his (customer's) account was not accessed by an illegal third-party on 28th November, 2013. As securing the safety of customer's account's is PayPal main concern, it has incomplete access to insightful PayPal account traits.

PayPal understands that this maybe inconvenient but customer is asked to understand that all these temporary limitations are for his protection. Case ID number is also displayed.

The recipients are asked to click on a link contained in the email.

The message contains PayPal logo and seems to be from its genuine web addresses.

But, the email isn't from PayPal and all claims made in it are lie. Experts note that the email is a typical phishing scam devised to dupe recipients into revealing their personal as well as financial details to scammers.

Users who get tricked and click on the links contained in the email shall be directed to a fake webpage which impersonates the real PayPal website and users will be told to login on the fake site with their PayPal's email id and password.

After this, they shall be redirected to another phishing site and directed to give contact, identity and details those of credit card apparently to ensure their account's safety.

All information submitted can be garnered by crooks and employed for hijacking the compromised accounts of PayPal and for credit card along with identity theft.

Hence, be wary of such emails, experts concluded.

» SPAMfighter News - 12/10/2013