A phishing scam targeting your PayPal account to get access to your bank information.
The Better Business Bureau is now warning consumers to be on alert for the scam.
Here’s how it works:
Scammers will send a purchase confirmation email that looks like it’s from PayPal. It will say you recently had a purchase but if you haven’t used your PayPal to shop, it may sound strange to you.
Scammers are hoping that you fall for it.
There’s a link in the email to cancel the transaction but it will instead download malicious malware to your computer. The best option is not to click on the links.
If you have any doubts or concerns, you’re advised to contact PayPal directly.
Here are some tips from the BBB for identifying phishing scams:
Protect Yourself from Phishing Emails:
Call before you click: If something sounds suspicious, confirm it by calling the company or checking the company website. Type the URL directly into your browser or do a web search. DON’T click on any links in unexpected messages.
Look for misspellings: Look out for spelling and grammar mistakes when dealing with a suspicious-looking email claiming to come from well known companies. Additionally, check the copyright at the bottom of the email – if it looks even slightly different, then it is most likely a fake.
Be cautious of generic emails: Scammers try to cast a wide net by including little or no specific information in their fake emails. Always be wary of messages that don’t contain your name, last digits of your account number or other personalized information.
Check out more BBB Tips: Many phishing scams use similar techniques; click here for more advice on how to avoid these scams.
Below is an example of a scam email: