Fake Paypal “Failed Transaction” Scam Targeting Holiday Shoppers

By:  |  Category: Blog, Security Friday, December 15th, 2017  |  No Comments
Failed Transaction

There is an especially sneaky PayPal scam tactic in the run up to the holidays, when many people struggle to remember the who/what/when/where/why of their festive spending. Scammers are banking on the holiday rush combined with the convenience of “clicking a link” to steal cash out from under your nose. Make sure to not click on links in unsolicited emails, and manually navigate to any shopping site. Scammers are pushing out fake PayPal emails that use the premise of an unverified transaction to phish for customers’ personal and financial information.

With the end-of-the-year holidays quickly approaching and many users worrying whether the gifts they bought online will be delivered in time for the festivities, an email from PayPal saying their transactions were impossible to verify or their payments were not processed will throw most users for a loop.

Phishers are counting on that, and are hoping that panicking users will be too distraught to notice that the email did not actually come from PayPal and that it didn’t address them by name:

Those who fail to identify the email as fake and click on the button ostensibly taking them to the “Resolution Center” will be taken to a phishing site set up by the criminals.

There, through a series of pages, they will be asked to enter their PayPal login credentials, physical address, phone number, mother maiden’s name, date of birth, and payment card information (name, number, card number, expiration date, security code):

Here’s one example:

PayPal_Phish

Always remember to think before you click, check and double check the senders email and if in doubt, look up the vendor online and call the customer service number to verify–not the one on the fake email.

If you need help with cybersecurity training for your business or staff give EnhancedTECH a call at 714-970-9330 or contact us at sales@enhancedtech.com

 

 

Samantha Keller

Samantha Keller

Director of Marketing and PR at EnhancedTECH
Samantha Keller (AKA Sam) is a published author, tech-blogger, event-planner and mother of three fabulous humans. Samantha has worked in the IT field for the last fifteen years, intertwining a freelance writing career along with technology sales, events and marketing. She began working for EnhancedTECH ten years ago after earning her Bachelor’s degree from UCLA and attending Fuller Seminary. She is a lover of kickboxing, extra-strong coffee, and Wolfpack football.Her regular blog columns feature upcoming tech trends, cybersecurity tips, and practical solutions geared towards enhancing your business through technology.
Samantha Keller

Latest posts by Samantha Keller (see all)

Leave a Comment
Read previous post:
How to Prep Your IT Infrastucture for AI

AI is changing everything. Open any tech website or business journal today, and you will learn about the promise of...

Close