Fake PayPal email alert: A phishing attack

Is that PayPal email a phishing attack?

Do you know that PayPal is one of the world’s most popular online payment methods? Thus, it is also the most impersonated one in terms of financial phishing emails due to its 392 million users and businesses who held an account.

So, it makes sense that cyber criminals know popularity means opportunity. Researchers have found that PayPal was the most impersonated business in financial phishing attacks last year.

Almost 2 in 5 of all attacks pretended to be from the company.

There’s a risk to your business if an employee falls for any phishing scam.

It starts with an email from PayPal or your bank that looks genuine. It’ll ask you to do
something simple, such as clicking a link to update your details.

The page that opens looks like the real website… but it’s not. It’s a spoof site. And once you enter your login details, they’re stolen by the attackers.

Get your team to look carefully at emails like these. Sometimes there are grammatical errors, or the link looks suspicious.

If in doubt, type in the usual website address into a browser and login that way.

A few seconds of checking the small details could save you the disaster of money being stolen from your business’s bank account.

If you’d like us to review your defenses against phishing emails, get in touch.

Watch this week’s tech update video to find out how to keep your business protected from financial phishing scams.

HubSpot Video