Trend Micro: "PayPal users have become victims of the new cryptophyrus wave" – Bits Media

Researchers of Trend Micro warn of a new wave of fraud with PayPal accounts, which are used by business, associated with blockchain and cryptocurrencies.

Scammers use a common method of social engineering, PROSEDING OUT OF Operators Paypal payment system. A potential victim receives a fictitious notification by e -mail from the allegedly payment service on the write -off of funds for the purchase of crypto assets.

For persuasiveness, Fraudsters use the names of famous cryptocurrency companies and their assets in the accounts, in particular, Terra Luna Classic, Oasis Network, Bitcoin Exchange, Stellar xlm, Trueusd and the like.

The fake notice of write -off is accompanied by the “Support Service” telephone and a set of phishing links for the theft of funds and personal data. The victim is asked to contact in any convenient way, To challenge the operation.

At this stage, fraudsters attempt to gain access to personal information to authentify PayPal accounting and download Trojan software.

Trend Micro Cybersecurity Supplier resembles PayPal account holders to be careful in cases with unexpected and unauthorized payments. Especially if such notifications are received by e -mail.

In August, the PayPal payment system reported, what will provide its customers with the opportunity to translate BTC, ETH, BCH and LTC to external addresses, including exchanges and hardware wallets.