Scam with Paypal allowed to capture bank details

A company discovered a mechanism that allowed cybercriminals to impersonate Paypal to obtain personal information

Avanan, a company owned by Check Point Software Technologies, uncovered a scam in which cybercriminals impersonate PayPal to obtain victims’ phone number and bank details.

This security solutions provider announced that these fraudulent attacks share similarities with those registered a few months ago with another well-known brand such as Amazon.

In this threat, cybercriminals send a seemingly legitimate PayPal order confirmation, telling users that they have purchased more than $500 worth of the DogeCoin blockchain-based cryptocurrency.

To cancel the order, users have the option of calling a customer service or support number, a fake phone with which they contact cybercriminals.

From Avanan they report that the contact number that appears in these fraudulent emails is based in Hawaii (United States) and has previously been linked to other scams.

In addition to gaining access to your financial information, scammers can target their victims in a variety of ways with their respective phone numbers, from text messages to calls to WhatsApp messages.

However, the main objective of cyber scammers is to access the bank details of their victims, so when they call that number, they will receive the order to give the credit card number and the CVV to cancel the charge.

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Source: dpa

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