More users in Singapore are becoming theft victims of PayPal hackers every day, some losing more than $3,000.
PayPal users in Singapore are increasingly experiencing fraudulent activity on their PayPal accounts. While PayPal denies that they have been hacked, more and more users are finding suspicious charges, some for thousands of dollars, which they did not make. PayPal has responded by suggesting that users are clicking on links or opening emails which allow access to their sensitive information online. Even so, this would not be the first time that PayPal has been hacked. Users are especially on-edge when something like this happens, however, because of their compromised finances.
"I was shocked. My credit card was with me. How could it have happened?" stated Janice Leow, who discovered over $3,000 of charges which she did not make. "I had not used my PayPal account for online shopping for several months, so it couldn't be me making the purchases." Other accounts such as that of Jasmine Ser had charges which were traced back to a buyer in Indonesia to which Ser had no connections. For these and other similar cases, PayPal is sticking to its policy of refunding "the full amount of every eligible unauthorized transaction if a dispute is raised with PayPal within 60 days of the unauthorized transaction occurring," allowing users to have their stolen money returned. Even though the company is denying this as an official hack on PayPal, they have still released precautionary suggestions for user safety such as using complicated passwords that are changed regularly. Retweet this story
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