Chris Pirillo update on his PayPal loss

Chris Pirillo made an update regarding his loosing US$450,- from his PayPal account.

The post of his includes some tips (known to most of us, but no harm in repeating) on how to stay (more) secure when it comes to PayPal and online shopping:

(cut'n'pasted from Chris' post)

1. The first thing, it all starts with a clean computer system. A computer system with viruses or keyloggers may be the cause unauthorized people to be inside of your PayPal account. Use security programs on your computer.
2. Make sure the site you are in is the verified PayPal site, and not a Phishing site. You can check this out by checking the domain name in the browsers url bar. You should see PayPal’s actual site address, and not something else.
3. Don’t keep large amounts of money in your PayPal account, because people can easily send your money to other accounts in a blink of an eye if they gain access to it. Instead of keeping it on PayPal, keep it inside your bank account.
4. Check your Paypal history on a daily basis. This way, you can stop money from being transfered if you see it happening when and where it shouldn’t be.
5. This may be common sense, but use a strong password! Use a mixture of lowercase, uppercase, symbols, and numbers. Make it harder for a hacker to guess to begin with! Reading this post by Chris may help.
6. When you’re buying something with PayPal, be sure to check that the site you are on is secure. Do this by checking the url bar. The site should contain “HTTPS”. This will help you determine if the site is fraudulent or not. You can also do research on Google about certain sellers that you may not be sure of.
7. Shop with well-known companies who have established a good reputation.

He explains the case here:



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