PayPal becomes phisher’s favorite brand, knocks Microsoft off the podium

PayPal becomes phisher’s favorite brand, knocks Microsoft off the podium

Microsoft knocked off the Number 1 position for Phishing Emails by a resurgence of Phishing Emails from Paypal

Paypal Email Scams

PayPal becomes phisher’s favorite brand

Cybercriminals are always evolving their phishing tactics, and each week we see them morphing and adapting to become more innovative to keep up with the defences being deployed by email users and businesses.

“For consumers, the rise of PayPal phishing, combined with the prevalence of financial institutions in our top 25, means that cybercriminals are making a concerted effort to target your wallet. 

Stay vigilant and follow best practices to ensure that you and your bank account are not victimized”.

 

Protection against phishing emails

To protect your business against scams like this PayPal phishing email:

  • Beware of emails that contain grammatical or branding errors, but purport to be from reputable organisations.
  • Always hover your mouse over the links contained in emails to check their legitimacy – don’t click them unless you are sure they are safe.
  • To ensure safety, type the URL of the organisation you are intending to visit manually into your browser or navigate through Google search to find the correct website before entering your credentials.
  • Be particularly wary of emails asking you to supply personal details that the purported organisation should already know, especially those which ask for a credit card or bank account details.

If you are unsure if a PayPal email is legitimate, simply contact the company directly.

 

So Many Passwords… Multi-Factor Authentication…. Identify Theft… Data Breaches – I’m confused

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