Users warned to be on the lookout for new PayPal email scam

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Paypal users are being warned about a new email scam designed to trick unsuspecting victims into handing over their account details.

Cyber criminals are targeting users of the online payment service by sending them what look to be official looking emails which claim that someone has tried to fraudulently access their account.

The subject line of the spoof email reads: “Important: We noticed unusual activity in your PayPal account” and the email itself even includes official PayPal logos.

It then says: “We’re concerned that someone is using your PayPal account without your knowledge.”

It also includes a link which when clicked directs users to a fake site where they are asked to submit their login details and the answer to their security question. Hackers are then able to use use this information to access a victim’s PayPal account.

PayPal email scam

The only giveaway is that the fake email is sent from either a Gmail or Hotmail address and not from an official PayPal account.

People have been posting the spoof email to Twitter in a bid to warn others, while PayPal has a support page dedicated to warning users about phishing or fraudulent emails.

PayPal says it “is committed to helping shut down these sites and ensure that you’re able to spot phishing immediately. We make it our job to keep your identity as safe as possible, online”.

The company also informs users that it never ask you to enter personal details after you have already logged into the site.

News of this latest PayPal email scam comes after Apple users were targeted in a similar phishing attempt.

Earlier this year, it emerged that users of iTunes had been sent fake invoices created by cyber criminals in a bid to get them to hand over the login details to their account, which also includes credit card and other payment details.

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