The Latest PayPal Phishing Email Goes Beyond Your Login Credentials

Another day and another clever PayPal phishing scam to learn from to better protect yourself and your organization “In this world, nothing can be said to be certain, except death,…
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PayPal Phishing Scam Tries to Steal Much More than Login Credentials

A newly discovered PayPal phishing scam attempts to steal much more than just a user’s login credentials for the online payments service. Slovakian security firm ESET observed that the scam began by targeting users with an attack email warning th… Continue reading PayPal Phishing Scam Tries to Steal Much More than Login Credentials

Venmo and PNC Bank are fighting over third-party data access

Information security and access to third-party data is at the heart of a dispute between an established financial giant and Venmo, the PayPal-owned payment app that’s challenged big banks. Customers from Pittsburgh-based PNC Bank have complained in recent months that they no longer can transfer funds to their Venmo accounts. The change disrupted customers’ financial transfers, and has resulted in a public back-and-forth between Venmo and the bank. Venmo has told customers to tweet complaints at PNC. In turn, PNC has encouraged frustrated customers to move to Zelle, a Venmo competitor operated by a network of banks. In an Oct. 29 tweet, PNC’s customer service account said the bank has made a “security enhancement” which “may be causing difficulty when you try to link your PNC [account] with Venmo.” As part of its security upgrade, PNC stopped Plaid, a third-party data aggregator, from accessing PNC customers’ account and routing information, […]

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PayPal becomes phisher’s favorite brand, Office 365 phishing techniques evolve

PayPal has overtaken Microsoft to claim the number one ranking for phisher’s favorites for the first time. Netflix was not far behind as the streaming giant moved up to the third spot with a 14.1 percent QoQ and 73.7 percent YoY growth in unique … Continue reading PayPal becomes phisher’s favorite brand, Office 365 phishing techniques evolve

Cybercriminals using custom phishing tools to target the world’s largest tech brands

Cybercriminals are using enterprise-based development and deployment strategies, such as phishing as a service (PaaS), to leverage some of the world’s largest tech brands, with 42.63% of domains observed targeting Microsoft, PayPal, DHL, and Dropbox, a… Continue reading Cybercriminals using custom phishing tools to target the world’s largest tech brands

Facebook’s Libra cryptocurrency loses all but one payment company

Gone: Mastercard, Visa, PayPal, eBay, Stripe, Mercado Pago. Of six payments firms first involved in Libra, just one, PayU, remains. Continue reading Facebook’s Libra cryptocurrency loses all but one payment company