paypal login hackPayPal is often being targeted by scammers and cyber criminals mainly because it is a money transaction platform and thus, it is a lucrative target for every threat actor. The latest phishing campaign to hit PayPal is in the form of an email that claims to be sent by the official team of PayPal. It informs the recipient that his or her account has been limited and that the company has implemented limitations so as to make sure that ‘no unauthorized activity is done with your account’.*Further, the recipient of this email is informed that it is possible to remove this limitation by simply opening the attached file and providing accurate information in a verification form. Needless to say that this is just another phishing scam and the email hasn’t been sent by PayPal at all. The claim that your account has been limited by the company is nothing else but a blatant lie. The only purpose of this email is to deceive users and trick them into opening the infected file.**So, what happens when you open that attachment?**You will immediately see a form on your browser window, which will include the PayPal logo as well to make it look authentic. The user will be asked to enter his or her name, DOB, home address, phone number and social security number in that form followed by credit card number. When the asked information will be entered, the user will be requested to click on “Submit Form” button. This will lead the user to the real PayPal website.*The user would think that the deed has been done but in reality, the scammers would be storing the acquired information for carrying out identity theft and make fake transactions with the credit card.Will my funding sources transfer when I start managing my account on PayPal.com?**No. Since the requirements for PayPal Credit and PayPal differ, we cannot add your current funding sources without you going through approval and set up process of adding them yourself. This is also a security feature to make sure you are in control of who has access to your accounts.*Will my previously scheduled payments transfer when I start managing my account on PayPal.com?**Yes. Any payments you have already scheduled will still process on time from your previous funding sources. You’ll even see them process through your new PayPal.com interface, even though you will not be able to access those funding sources until you add them directly into your PayPal account.*Will all of my information be carried over to PayPal.com?**When you link PayPal Credit to your PayPal account, all credit history will automatically transfer over. The linking process is what will enable statements, transactions, account history and profile information to be displayed on PayPal.com. However, for security reasons, funding sources associated with your PayPal Credit account will not automatically transfer over PayPal.com. You will need to manually establish or update any links from financial institutions (such as your bank accounts) to PayPal Credit. We recognize this poses a minor inconvenience for customers, but for security reasons this information will not automatically transfer.*Is there a number I can call if I have additional questions?**Yes there is. Our customer service department is available to assist you with your PayPal credit related issues. Please call us at 1-866-528-3733 and we will do our best to help.Litigation[edit]*In March 2002, two PayPal account holders separately sued the company for alleged violations of the Electronic Funds Transfer Act (EFTA) and California law. Most of the allegations concerned PayPal's dispute resolution procedures. The two lawsuits were merged into one class action lawsuit (In re: PayPal litigation). An informal settlement was reached in November 2003, and a formal settlement was signed on June 11, 2004. The settlement requires that PayPal change its business practices (including changing its dispute resolution procedures to make them EFTA-compliant), as well as making a US$9.25 million payment to members of the class. PayPal denied any wrongdoing.[138]**In June 2003, Stamps.com filed a lawsuit against PayPal and eBay claiming breach of contract, breach of the implied covenants of good faith and fair dealing, and interference with contract, among other claims. In a 2002 license agreement, Stamps.com and PayPal agreed that Stamps.com technology would be made available to allow PayPal users to buy and print postage online from their PayPal accounts. Stamps.com claimed that PayPal did not live up to its contractual obligations and accused eBay of interfering with PayPal and Stamps.com's agreement, hence Stamp.com's reasoning for including eBay in the suit
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