PayPal Invoices Used for Data Theft

The past few months have seen an increase in the usage of convincing phishing emails made using an attack on PayPal’s invoice system. Scammers are constantly seeking new ways to steal your personal information or money. 
Hackers send bogus invoices from PayPal’s website using a free PayPal account they have registered. The emails’ bodies contained spoof logos of companies like Norton to make their recipients believe they were authentic.
Emails from PayPal will likely be delivered to your inbox rather than your spam bin because they are not regarded as spam. Because it came from a real Paypal account, the email will appear to be trustworthy so users are advised to stay cautious and not fall for it. You won’t receive a worthwhile service if you pay this charge, cybercriminals will receive your money and use it for their own gain. 
The PayPal invoices feature statements like “thank you for purchasing Norton Security Premium package, if you have not authorized this transaction, please call us with your credit card details.” They resemble a related fraud that employed phony Quickbooks invoices and was disclosed earlier this month.
The scam, often known as a “double spear” assault, prompts users to call the number, at which point hackers attempt to get them to pay the invoice and steal their credit card information.
Phishing efforts are frequent and come in a variety of shapes, according to a written statement from PayPal.

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This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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