Fraudsters or scammers are now becoming more and more devious when it comes to putting everyone’s personal details, and potentially money, at risk. And to think that their schemes will never go as low as they are now, these fraudsters came up with an elaborate plan to steal your data easily.
The scam that I am talking about is through emails.
These individuals will pose as official senders of said emails, which will most likely lead to a lot of people biting into the lure.
A specific incident about this phishing scam revolves around PayPal and Australians, which are the primary target of such a scheme.
What are these emails?
These emails will look like it came from PayPal’s support themselves asking you to login using the link they provided. The email is structured so well that you will not even have second thoughts about it, making you do what is being asked of you.
Once you clicked on the link, you will be prompted to enter both your username and password to “safely continue using your PayPal account.” But in reality, once you enter your credentials, nothing will happen, and your username and password are not in the hands of the scammer.
This will allow them to log in and take all of your money.
How to avoid getting scammed by these devious fraudsters
Well, one thing you should definitely keep in mind is that any financial or membership programs will never ask for your user login details. Once you registered, you will not be prompted to give your details to anyone, including their own staff.
Plus, determining an email’s legitimacy is not that difficult, but can still be tricky sometimes.
PayPal provided some guidelines that should be kept in mind once you received a random email from a supposed company.
- Check to see if the email uses a generic greeting like “Dear user” or “Dear student.” These are most likely scams since legitimate or authorized companies will always use your full name.
- See if the links are really going towards the said destination. You can easily check by hovering your mouse pointer on the link or tapping and holding it on mobile. If it seems sketchy enough (probably a webpage that is in no way related to the official website), keep away.
- The usage of wrong grammar and spelling mistakes. It goes without saying, but if you notice even just a single misspell—you should have your doubts and contact the support team immediately.
- Asking for your user login details and such. As mentioned before, financial companies will never ask for your login details.
You can rest assured that PayPal is doing everything it can to combat cyber-crime and potentially be free from such fraudulent activities.
And if you have some doubts or is actually a victim of a cyber-crime, do not hesitate to contact PayPal support to resolve the issue as soon as possible. Thus, saving your money while keeping your details safe.