logo
PayPal issues red alert for all users amid 600% rise in cybercrime, introduces 10 new rules

PayPal issues red alert for all users amid 600% rise in cybercrime, introduces 10 new rules

Hindustan Times29-04-2025

Security experts have issued a red alert warning to everyone who has a PayPal account. This year, there has been an increase in cybercriminals attempting to use the site to defraud individuals, and users are being cautioned to exercise vigilance.
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.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Suvendu Adhikari shares video of Sandeshkhali activist alleging threats by TMC-backed goons
Suvendu Adhikari shares video of Sandeshkhali activist alleging threats by TMC-backed goons

Time of India

time6 hours ago

  • Time of India

Suvendu Adhikari shares video of Sandeshkhali activist alleging threats by TMC-backed goons

Kolkata: Leader of the Opposition (LoP) in West Bengal assembly , Suvendu Adhikari , on Thursday, has shared a video where one of the leading faces of women's movement at Sandeshkhali ast year, where she was seen describing how she had been threatened and abused by Trinamool Congress-backed goons during the last few days. 'One of the protesting mothers and sisters who spoke out against Sheikh Shahjahan's criminal empire in Sandeshkhali; sister Piyali Das (Mampi) was tried to lure into their party by various means by the Trinamool for the past few days. When Piyali Das did not give in to that temptation, later the police started pressuring her. Sandeshkhali Police Station OC Bolai Ghosh called Piyali Das on WhatsApp and abused her in unspeakable words, threatened her, said that she would have to pay the price for not listening, that no one would be able to do anything about the action he would take for her, etc,' Adhikari posted in his X Handle, sharing the video. Mampi Das, a BJP worker and one of the prominent faces of Sandeshkhali protest, claimed that she has been called to the police station and pressurized to join Trinamool. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Undo Adhikari said, 'Sandeshkhali OC Bolai Ghosh used all these threats on the WhatsApp of the local village police Bishwajit Das' phone so that there would be no direct evidence against her. Sandeshkhali's protesting sister Piyali Das has bravely stood firm in her decision, ignoring the hundreds of temptations and threats from the ruling Trinamool Congress and its police. She has not bowed her head. I admire her courageous attitude. We have repeatedly said that the Trinamool does not have the support of the common people, the existence of the Trinamool in the state is for the police, jihadis and miscreants. The truth of our claim has been proven once again in this incident. The reign of these thieves and robbers will not last long, there will be a change.' Meanwhile, Adhikari today accused the Mamata Banerjee-led West Bengal government for its 'anti-Guajarati mindset' following allegations by some ministers of state cabinet accusing the office of the Chief Electoral Officer (CEO)- West Bengal for awarding tender for election-related work to a Gujarat-based company . Live Events Speaking on the floor of the assembly, the state municipal affairs & urban development minister and the Kolkata Municipal Corporation (KMC) Mayor, Firhad Hakim said that recently the office of CEO, West Bengal floated a tender for election-related work for the bypolls for Kaliganj assembly constituency which is being conducted on Thursday. State Minister Chandrima Bhattacharya also made similar allegations during a media interaction.

Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data
Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data

Economic Times

time7 hours ago

  • Economic Times

Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data

ETtech (L-R) Rakshit Bhatt, Suyash Singh, Denil Chawda, Kishan Thakkar, Pranit Mehta, cofounders, GalaxEye Infosys-backed space tech startup GalaxEye said it will develop another imaging satellite given the growing demand for geospatial data globally for agriculture, mining, and defence. The new satellite will have a near 0.5 metre resolution for quality insights needed in critical sectors. The Bengaluru-based startup said its first satellite, Mission Drishti, scheduled for launch later this year from SpaceX, has a resolution of 1.25 both the satellites, GalaxEye will be using its proprietary technology by combining synthetic aperture radar (SAR) and optical multi-spectral imaging (MSI), aiming to provide all-weather information. The startup said the second satellite will not only deliver improved spatial resolution but also reduce revisit time to under three days, improving the responsiveness and utility of its constellation.'The world's first SyncFusion SAR-Optical satellite, originally designed in India, will now also be fully built in-house, highlighting GalaxEye's growing manufacturing and systems integration capabilities,' the startup said in a statement, adding that it will also expand its current manufacturing capabilities. IIT-Madras alumnus and CEO of the startup, Suyash Singh, said the two satellites will give a big boost to data collection and the evolving needs of defence customers. 'Our sensor stack has already been tested on over 500 aerial test flights, backed by a proprietary signal processing toolchain, the success of the POEM payload, the Drishti (1.25 m) launch, and purpose-built software to extract actionable insights,' the CEO said. Singh added that the startup will also focus on vertical integration as the clients demand more persistent eyes in the sky, expecting detailed analytics data. 'GalaxEye's vision to bring reliability and Service Level Agreements to satellite imagery—all-time, all-weather imagery—is a game changer. We've believed in their mission from the start, and with the technology now de-risked, it's time to scale,' said Vishesh Rajaram, Managing Partner at Speciale Invest, an early investor in the startup. To date, the startup has raised $22.09 million over six rounds, with Infosys owning a minority stake worth $17 crore. The firm is currently undergoing mission concept and preliminary design reviews and is strategically positioning itself to expand into high-priority international defence markets, including the United States, West Asia, and Europe.

Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data
Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data

Time of India

time8 hours ago

  • Time of India

Infosys-backed GalaxEye plans new satellite to meet global demand for geospatial data

Infosys-backed space tech startup GalaxEye said it will develop another imaging satellite given the growing demand for geospatial data globally for agriculture, mining, and defence. The new satellite will have a near 0.5 metre resolution for quality insights needed in critical sectors. The Bengaluru-based startup said its first satellite, Mission Drishti, scheduled for launch later this year from SpaceX, has a resolution of 1.25 metres. For both the satellites, GalaxEye will be using its proprietary technology by combining synthetic aperture radar (SAR) and optical multi-spectral imaging (MSI), aiming to provide all-weather information. The startup said the second satellite will not only deliver improved spatial resolution but also reduce revisit time to under three days, improving the responsiveness and utility of its constellation. 'The world's first SyncFusion SAR-Optical satellite, originally designed in India, will now also be fully built in-house, highlighting GalaxEye's growing manufacturing and systems integration capabilities,' the startup said in a statement, adding that it will also expand its current manufacturing capabilities. IIT-Madras alumnus and CEO of the startup, Suyash Singh, said the two satellites will give a big boost to data collection and the evolving needs of defence customers. 'Our sensor stack has already been tested on over 500 aerial test flights, backed by a proprietary signal processing toolchain, the success of the POEM payload, the Drishti (1.25 m) launch, and purpose-built software to extract actionable insights,' the CEO said. Singh added that the startup will also focus on vertical integration as the clients demand more persistent eyes in the sky, expecting detailed analytics data. Live Events 'GalaxEye's vision to bring reliability and Service Level Agreements to satellite imagery—all-time, all-weather imagery—is a game changer. We've believed in their mission from the start, and with the technology now de-risked, it's time to scale,' said Vishesh Rajaram, Managing Partner at Speciale Invest, an early investor in the startup. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories To date, the startup has raised $22.09 million over six rounds, with Infosys owning a minority stake worth $17 crore. The firm is currently undergoing mission concept and preliminary design reviews and is strategically positioning itself to expand into high-priority international defence markets, including the United States, West Asia, and Europe.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store