Fake PayPal Email Circulating
By Ina Steiner
PayPal announced that an email making the rounds is a hoax to try to obtain private information from its users. The email's contents warns recipients that PayPal computers have gone down and some member data was lost. The email instructs users to follow a link and log into their accounts to make sure their information is correct. The URL looks deceptively like that of PayPal using the domain paypalupdate.com. PayPal advises users to never give their passwords to anyone and to only log in at PayPal's Web site.
About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to email@example.com.
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