Home Bitcoin News Bitcoin Scam A New Wave of PayPal Bill Scams Utilizing Crypto Disguise – Infosecurity Journal

A New Wave of PayPal Bill Scams Utilizing Crypto Disguise – Infosecurity Journal

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A brand new wave of PayPal bill scams have been discovered utilizing blockchain/cryptocurrency-related companies as their disguise, safety researchers from Japanese cybersecurity vendor Trend Micro discovered on October 09, 2022.

Whereas the scammers use a quite common technique, impersonating PayPal sellers to ship random goal invoices by way of PayPal techniques saying customers have been charged an sum of money and pushing them to click on on malicious hyperlinks, they use the names of well-known corporations/tokens on completely different blockchains to take action.

Among the many examples mentioned by Trend Micro are Stellar XLM, Bitcoin Trade, Terra Luna Traditional, Oasis Community and TrueUSD.

The Japanese vendor additionally gives some tricks to shield your self in opposition to these scams higher:

  • Double-check contact particulars and URLs. Be cautious of any sudden/unauthorized prices that are available by way of e-mail — even when the e-mail itself comes from a authentic firm similar to PayPal. (Observe: In some instances, the e-mail itself is certainly generated by PayPal’s service)
  • Attain out to official web sites and assist pages instantly for assist if unsure. It’s also possible to ahead suspected rip-off emails to [email protected]
  • By no means click on on hyperlinks or name numbers

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