PayPal users beware of the fake PayPal email message below the subject: "Security Update," which claims the recipients PayPal accounts have been temporarily limited. The fake PayPal email message was sent by cyber-criminals to trick PayPal users into clicking on a link within it that will take them to a fake or phishing PayPal website. The fake website will then attempt to steal their PayPal credentials and credit card information. So, it is important that you remember never click on a link to sign into your PayPal account.instead, always go directly to www.paypal.com.
The Fake or Phishing PayPal Email Message
Subject: security update
User Id : 87654334567865567, Shopping is faster, safer and easier with us
View your recent activity .
We need your help resolving an issue with your account. Due to recent activities on your account we've temporarily limited what you can do with your account until the issue is resolved.
We need a little bit more information about you to help confirm your identity.
Check It Here
You Must Follow This Instructions To Remove The Limitations
1. Click On "Check It Here"
2. Login To Your Account .
3. Confirm Your Information , By Tapping Your Billing Address , Your Credit Card Information Correctly (IMPORTANT) , or Your Bank Info .
The link in the fake email message goes to a fake PayPal web page on a compromised website that was designed by cyber-criminals to trick their potential victims into entering their PayPal username, password and credit card information. If the requested information is submitted by the potential victims, it will be sent to the cyber-criminals, who will use it to steal their money and use their accounts fraudulently.
If you are tricked into submitting your PayPal credentials and credit card information on the fake web page, please change your PayPal password immediately and contact your bank and let them know that you have submitted your credit card information on a phishing website. And, remember never click on a link to sign into your PayPal account, always go directly to: www.paypal.com and login from there.