Online Threat Alerts (OTA) - Alerting you to scams and frauds.

"PayPal Notice of Policy Updates" Phishing Scam
PayPal Notice of Policy Updates Phishing Scam

The "PayPal Notice of Policy Updates" email message below, which claims that the recipients' PayPal accounts have been locked and will be closed, is a phishing scam. The fake or fraudulent email message was created by cyber-criminals to trick the recipients into clicking on one of the links in it, which will take them to the fake and phishing website. The fake and phishing website, which looks exactly like the legitimate PayPal website, should not be visited and the instructions on it should never be followed because any information submitted on it will be sent to the cyber-criminals, who will use it to hijack their victims' PayPal accounts.

Persons who have already fallen victim to the phishing scam should change their PayPal passwords immediately before they are hijacked, and check their accounts for discrepancies.

The "PayPal Notice of Policy Updates" Phishing Scam

From: PayPal <xx@post.net>

Sent: Sunday, August 5, 2018 11:54 AM

Subject: Resolution Centre: Account locked

Notice of Policy Updates

Dear :

We have updated the section 7 of the security policy and our privacy to make our website more safer, simpler and more convenient for our customers. To verify that this email address belongs to you, please click on the link below and then sign in using your,

Please visit our

Policy Updates Page

These changes are detailed on our Policy Updates Page and will become effective August 27, 2017 for all U.S. customers. We encourage you to review the Policy Update and familiarize yourself with the changes that are being made. If you do not agree to any of these changes, you may close your account before September 3, 2017.

Thank you for being a PayPal customer.

Sincerely,

PayPal

It is important for online users to remember that they should never sign into their accounts by clicking on a link. They should always go directly to their online accounts' websites and sign-in from there instead.

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