PayPal Scam

I wanted to share a PayPal scam email that I found in my inbox, and how you can tell that it is a scam.

Our company has intended a new feature that will improve the Online Banking security. Upgrading our systems will help protect our customers accounts from 3rd-party access and reduce fraud. This process has started on 14th January, 2011 and will be closed on 19th January, 2011.

All our members are required to update their account profile for the new databases. Filling our online form will take about 3-5 minutes from your time.

To access our profile update form click on the following link to login to your account:

Please note that failure in updating your profile will result in account suspension.

Alison Grudzinski,
IT Assistant Manager,
PayPal Inc.