With Black Friday quickly approaching, and retailers racing to outdo each other with earlier and earlier deals, it is safe
to say that the holiday shopping season has begun. If you're shopping online, though, and paying with PayPal--be warned. There is a phishing attack targeted just for you.
The holidays come with a dramatic spike in shopping, and nobody appreciates the increase in online commerce more than cyber
criminals. While you're preparing for a Thanksgiving celebration of beer and watching the Detroit Lions make a mockery of
professional football...Hey, don't judge. You try supporting a team that has been consistently sad for 60 years and see if
you aren't a little bitter. Fine. While you're preparing for a traditional Thanksgiving feast and plotting your Black Friday
shopping strategy, malware developers are hard at work finding ways to capitalize on the shopping season.
PayPal is established as a leading method of online payments. It is an integral part of eBay purchasing--a very popular way to acquire gifts during the holiday season, and it is widely
accepted as a method of payment by online retailers of all sorts. It makes sense that cyber criminals would try to capitalize on the spike in PayPal transactions to catch naïve or unsuspecting users off guard.
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With Black Friday quickly approaching, and retailers racing to outdo each other with earlier and earlier deals, it is safe
to say that the holiday shopping season has begun. If you're shopping online, though, and paying with PayPal--be warned. There is a phishing attack targeted just for you.
The holidays come with a dramatic spike in shopping, and nobody appreciates the increase in online commerce more than cyber
criminals. While you're preparing for a Thanksgiving celebration of beer and watching the Detroit Lions make a mockery of
professional football...Hey, don't judge. You try supporting a team that has been consistently sad for 60 years and see if
you aren't a little bitter. Fine. While you're preparing for a traditional Thanksgiving feast and plotting your Black Friday
shopping strategy, malware developers are hard at work finding ways to capitalize on the shopping season.
PayPal is established as a leading method of online payments. It is an integral part of eBay purchasing--a very popular way to acquire gifts during the holiday season, and it is widely
accepted as a method of payment by online retailers of all sorts. It makes sense that cyber criminals would try to capitalize on the spike in PayPal transactions to catch naïve or unsuspecting users off guard.
AppRiver's Troy Gill has uncovered just such a scam. "Since so many people use PayPal in conjunction with the impending holiday shopping spree, scammers are looking to take
full advantage of unwary consumers. The latest PayPal related scam targets PayPal users via email. Unlike most of the PayPal
scams that we have seen in the past that included a link in the body of the message, these have an attached HTML. When the
attachment is clicked a Java Script will produce a Phishing page that mimics a legitimate PayPal page. The input information
is then sent off to another domain that will make it available for the cybercriminals."
As Gill notes, this attack attempts to dupe victims by using an attachment as opposed to a link. Granted, users should be
conditioned to avoid both links and file attachments in suspicious or questionable e-mails, but just switching things up from
the normal malicious URL might be enough to snare some unwary users.
Once the attackers have the PayPal credentials entered on the spoofed PayPal page, they can transfer the funds out of the
PayPal account, make purchases using the money in the PayPal account, request funds to be sent to the PayPal account, or anything
else the legitimate account holder is normally able to do with a PayPal account.
Most avid PayPal customers hopefully know better than to fall for such a thing, but with the holidays and the spike in online
shopping comes a deluge of newbies who know enough to use PayPal to make purchases, but aren't seasoned in how to protect
it.
Gill warns, "During the next few months you should be aware that you will be a broader target for scammers looking to take
advantage of your increased purchasing activity. Since most people will be making a far greater number of purchases on their
credit cards around the holidays they would be less likely to notice fraudulent activity on their cards."