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PayPal Blocks Phishing Scheme

 Money Control

Online payment portal PayPal over the weekend fixed a flaw in its Web site. Some enterprising hackers were exploiting the flaw by redirecting people from a PayPal Web page to an online trap located in South Korea. The page actually had a real PayPal URL, but hosted malicious code that presented a message, warning members that their account had been compromised. It then redirected them to a “phishingâ€? Web site.

At the phishing site, people were asked for their PayPal login information, experts at Netcraft, an Internet monitoring company in England, said in an advisory. Subsequently, the scammers urged victims to enter their Social Security number and credit card details, Netcraft said.

“As soon as we became aware of this scheme, we changed some of the code on the PayPal Web site. So this scheme, or any scheme like it, can no longer be effective,â€? Amanda Pires, a PayPal spokeswoman, said in an interview.

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