Phishing scam hits Paypal users to get personal account login details and other critical information. PayPal Holdings, Inc. is an American company operating a worldwide online payments system.
This scam comes as an email of legal agreements and therefore, the user must click the “Confirm Account” button to accept those modifications.After it has been clicked by the users personal account details goes to the hands of hackers.They will later hijack the users authentic PayPal account and they will use it to conduct identity theft using the users credit card.
At first glance, the email may seem genuine. It includes the PayPal logo and colour scheme. Moreover, it does email customers to inform them of changes to legal agreements. However, a closer look reveals that the message contains grammatical errors that are unlikely to appear in a genuine PayPal email,says Hoax-slayer.
So users are advised to beware of such scam and do not fall for emails for unknown users. It is safe to login PayPal accounts by entering the web address into your browser’s address bar or using official PayPal app.