PayPal issues red alert for all users amid 600% rise in cybercrime, introduces 10 new rules
In 2025, PayPal attacks have increased by an astounding 600%, according to the McAfee Labs team. Meanwhile, the Express reported that the majority of scams start as alarming emails, claiming that accounts have been terminated and advising customers to change their information to restore functionality.
Some of the techniques that scammers employ include fraudulent invoices, phony PayPal gift card offers, and customer service scams involving billing concerns.
'While PayPal works diligently to protect its users, scammers are constantly evolving their tactics and often capitalise on well-known companies, especially if they've been in the news recently,' McAfee stated.
'The recent surge has been traced to a single, highly effective campaign where attackers send official-looking emails with 'action required' warnings, demanding users update their account details within 48 hours or face account suspension.'
Users should now exercise caution when opening messages purporting to be from PayPal and be on the lookout for links to websites that are not legitimate PayPal domains, according to McAfee.
In addition, ten additional guidelines that are important to know if you use or want to use a PayPal account have been released, along with some helpful advice.
Also Read: PayPal-backed startup Mintoak makes India's first e-rupee deal worth $3.5 million: Report
Never open links in messages or emails purporting to be from PayPal.
Examine email senders and web addresses.
Never call numbers that appear in dubious messages.
Be cautious if an email appears to be from services@paypal.com.
Regularly check your PayPal account.
Be wary of threats and urgency.
Make use of PayPal's integrated security features.
Report any questionable activities right away.
Activate two-factor authentication.
Don't respond to mails offering gift cards or promising payment for completing a survey.
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