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Phishing Emails Target PayPal, Sparkasse and Commerzbank Customers in New Wave of Scams

Consumer protection agencies issued fresh warnings to help account holders spot fraudulent messages.

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Die Verbraucherzentrale warnt PayPal-Kunden vor neuen Betrugsversuchen.

Overview

  • PayPal users continue to be targeted with emails alleging "unusual activities" and demanding identity confirmation within 24 hours.
  • Sparkasse customers are receiving fraudulent messages urging them to reactivate their TAN registration under threat of restrictions.
  • New Commerzbank phishing emails claim recipients must activate a security system or face temporary account suspension.
  • Typical phishing signs include generic greetings, suspicious sender addresses, urgent deadlines and threats of legal or account action.
  • Verbraucherzentrale and financial institutions advise deleting the messages, avoiding links and verifying account status via official channels.