Michael was exceptional in helping Eagle Recycling develop our webpage! Looking forward to working with him again in the future!
New PayPal Bill Me Later Phishing - November 12, 2012
Most businesses have a PayPal account setup that we use to purchase items online. One of the new services that many have signed up for but are not really familiar with is the new Bill Me Later service offered through PayPal. If you are not familiar with this service you can find more information here: https://www.paypal.com/us/webapps/mpp/billmelater-productoverview
Ultimately the service is something a vendor can offer for you to buy items/services/products for a period of time without payments or interest. It is becoming very popular and since it is presented when you checkout it is an easy service to opt-in to and most of us never read the Terms of Service when we do that. So we have the perfect elements for a Phishing Attack now. Unfamiliar with Phishing? Phishing (defined here by Wikipedia http://en.wikipedia.org/wiki/Phishing) is :
Basically whenever you receive an email that looks to be from a legitimate vendor that says something is wrong with your account, a charge has been made, or some other message that will draw an emotional response in an effort to have you click on a link that will then attempt to gather your personal information. We have all gotten them and the worst thing you can do is to click on any of the links in that email. So what can you do? These can be used for ALL Phishing scams but is written for this particular scam.
At first glance this would look legitimate but common sense a the few measures taken above can ensure you are not a victim of this Phishing Scam.
Now, for the bad part, if you did not follow the steps above and clicked on one of the links. What do you do now?
Sadly these emails will not go away and as new services become popular people will become targets of emails like this. There will ALWAYS be warning signs to take into account that you can use to help protect you so never fear. In this instance, I knew I did not have a Bill Me Later account tied to this email at all, but I still double checked through my PayPal account and found out that nothing was charged. You can always report phishing emails like this to email@example.com as well.
Remember to always use common sense and take a few minutes to read about the accounts you sign up for. Empower yourself and don’t allow yourself to become a victim of Phishing or other email scams.