I have just received an email from PayPal which looks completely legit, especially as it is addressed to me personally, but I believe it to be a total scam. This is the email.
Notice of Policy Updates
Dear Peter Pelliccia,PayPal recently posted a new Policy Update. You can view this Policy Update by logging in to your PayPal account. To log in to your account, go to https://www.paypal.com.au and enter your member log in information. Once you are logged in, look at the Notifications section on the top right side of the page for the latest Policy Updates.
If you need help logging in, go to our Help Center by clicking the Help link located in the upper right-hand corner of any PayPal page.
The problem is the link withing the email takes you to the following url https://email-edg.paypal.com/r/EKDHPWQ/GILQ/IPUS5/8JGL/YHWFO/PP/h which the redirects you to this one http://www.paypal.com.au/au? Normally PayPal uses a secure site which you can tell from the url starting with https://!
Perhaps the email is legitimate but I have never known PayPal to redirect urls before. I don’t know about you but I’m not taking any chances. I logging in the good old way just to make sure I don’t get sucked in to any phishing scam.
OK, did that and as it turns out there is a policy update, but I still don’t trust that email and if I was you I wouldn’t click on that link.
Here are some resources to help protect you from scam artists.