Use two-factor authentication: Enable two-factor authentication on your PayPal account to add an extra layer of security. PayPal will never ask you to provide sensitive information such as your password, Social Security number, or credit card details via email. Never enter personal information: Never enter your personal or financial information in response to an email. Instead, go directly to the PayPal website and log in to your account to see if there are any alerts or messages. Be especially wary of emails that contain urgent requests or threats, as scammers often use these tactics to create a sense of urgency and panic.ĭon’t click on any links: If an email asks you to click on a link to verify your account or update your information, don’t click on it. Look for spelling and grammar mistakes: Phishing emails often contain spelling and grammar mistakes. Google the content of the email before responding: It is always a good idea to Google the content and email address of the email that you suspect is a phishing one it is quite possible that someone has already addressed the issue on discussion forums. Here are some additional steps you can take to detect and protect yourself from PayPal phishing emails: Fuchs suggests that users should call the phone numbers to find out whether the invoice is legitimate or not. Moreover, the phone number listed in the email does not belong to PayPal. For instance, the content has many grammar and spelling errors. However, according to Jeremy Fuchs, marketing content manager at Avanan, the email’s content is such that it can raise suspicion. It happened because the malicious invoices “comes directly from PayPal.” This campaign is different from other attacks leveraging PayPal, as detecting or preventing the attack proved to be very difficult for email security services and users. This way, attackers can easily disguise themselves as employers or family members. Furthermore, threat actors can use PayPal’s tools to create professional-looking malicious invoices. Therefore, anyone can exploit the free service. The reason PayPal is so easily targeted in this campaign is that the platform allows users to create accounts easily. The problem is that these emails are sent from so they appear legitimate, and users fail to identify the trap.Īdditionally, in a blog post, Jeremy Fuchs of Avanan stated that the scam works because of static email Allow Lists, which allow content to go directly into the inbox if it arrives from a reputable service like PayPal. It is worth noting that the emails sent in this campaign are not malicious they are sent directly via PayPal and can pass several checks, such as DMARC, DKIM, and SPF. The email informs the recipient about fraudulent activity on their account, and if they do not call the listed number, they will be charged a hefty amount, such as $699.99 or more. This should not come as a surprise, as just last month, PayPal notified over 35,000 customers about a security breach, which goes to show the popularity of PayPal among cyber criminals. In the ongoing campaign, attackers are reportedly abusing PayPal by creating accounts and generating invoices for sending phishing emails. Now, the cybersecurity researchers at Avanan have discovered that cybercriminals are once again exploiting PayPal’s online payment system to send malicious invoices directly to users. PayPal has been one of the most lucrative targets for hackers and spammers which is why customers often complain about phishing scams. Protect yourself from PayPal phishing attacks: Learn to spot the signs of a spoofed email and avoid falling for scams that use legitimate PayPal accounts to deceive unsuspecting victims.
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