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TECHNOLOGY

Here’s How to Avoid Them

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Here's How to Avoid Them

PayPal is a giant in online payment processing, making it an appealing target for fraudsters looking for an easy payday.

By learning how fraudsters usually operate on PayPal, you can be better protected if they ever target you. For this reason, cybersecurity expert Theodor Porutiu from VPNOverview.com has outlined the most common PayPal scams of 2023 and how to avoid them

The Most Common PayPal Scams of 2023 

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1. The “Problem with your Account” Scam 

Email is a scammer’s preferred method of stealing your money. You may receive a phishing email claiming an issue with your PayPal account, and the email will also include a link and a request that you click on it to log into your account. These scams are some of the most common social engineering attacks designed to gain access to your PayPal account.

2. The “Promotional Offer” or “You Have Money Waiting” Scam 

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With this scam, you receive an email offering a cash rebate or other financial incentive. The email will tell you that you must log in to your PayPal account to verify a few details to claim that reward. 

Like other email scams, the link in the email directs you to a fake PayPal website. If you click on the link and enter your login credentials, the scammers get access to your credentials and can drain your account.  

3. The “Advance Payment” Scam 

This scam plays on emotion, sending you an email notification that you’ve won, inherited, or are entitled in some other way to receive a considerable sum of money from an unexpected source. 

The only catch is that you first must send a small sum via PayPal to cover transaction fees (or some other fake expense), but once you send the small sum, you never hear from the scammer again, and you are out the money you sent. 

4. The “Shipping Address” Scam 

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Scammers have a ton of shipping tricks up their sleeve to try and steal your money from PayPal. Unlike unsolicited emails that lead you to a fake PayPal site, these scam methods involve actually engaging with you on the real PayPal platform. 

If you sell items online, then you’re the target audience for these scams. Several types of common PayPal scams involve shipping addresses including: 

  • The buyer wants to use a preferred shipping method: The buyer will ask you to ship their item using their preferred shipping company, easily reroute the package to a different address, then contact PayPal and file a claim for non-receipt and ask for a full refund. Since you cannot prove the item wasn’t received, you’re out the money, the item, and even the shipping fees.

  • The buyer provides their own shipping label: The buyer will offer to send you a pre-paid shipping label, reroute the package to a different delivery address and claim they never received the item.

  • The buyer gives a fake shipping address: When the shipping company cannot deliver the package to the invalid delivery address provided, the scammer will then step in and provide a new, legitimate delivery address, but since the package gets rerouted, the buyer will allege they never received the item.

5. The “Alternate Payment Method” Scam 

This is not a scam in and of itself, but rather a measure that scammers take to leave you without options after defrauding you. 

Sometimes, a scammer will ask you to transfer money using PayPal’s Friends and Family option. Although this may sound good because it eliminates the fee that PayPal levies on standard sale transactions, paying for goods is not permitted under the Friends and Family money transfer option. Any payments made like this are no longer protected by the PayPal protection program, and once you transfer money this way for goods, you have no recourse against fraud claims. 

6. The “Payment Pending” Scam 

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A buyer will engage with you on PayPal to pay for an item you sell. They message you, claiming to have made the payment, but that PayPal won’t release the money to you until you provide a shipment tracking number. 

The scammer wants you to ship the product and provide the tracking number before you get paid and if you do, the fraudulent buyer gets the item and disappears without paying. 

7. The “Fake Charities” Scam 

In case of natural disasters, for example, many people search for local charities where they can donate to relief efforts. Scammers often use this to their advantage, set up fake charities or donation sites and ask you for contributions via PayPal to fake charities. 

8. The “Callback Phishing Email” Scam 

In this scam, you get an email warning you of “suspicious activity” in your PayPal account, usually with large transactions involved. The email will urge you to call a number to cancel the transaction. This number then directs you to a scam call centre that will try to get your PayPal login details and other personal information. This scam can be quite convincing for multiple reasons: The scammers used @paypal.com email addresses, realistic email designs, and even created fake invoices to create a sense of urgency.  

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Top Tips on How to Avoid PayPal Scams 

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There are several actions you should take to avoid getting scammed: 

  • Never send money outside PayPal if you transacted on the website. For instance, if you conduct a transaction on PayPal but your customer accidentally sends a larger amount than agreed upon. This other person now wants a refund sent through a different platform, but if you comply with their request, PayPal will not be able to help you since the refund was processed outside of their system. If a buyer overpays you, cancel the transaction immediately and start over. 

  • Always use your own shipping method. When you choose the shipping method, you control delivery and cannot be tricked with bogus shipping labels or rerouted packages. 

  • Only ship to the address on the Transaction Details page. When you ship only to this address, you satisfy one of the requirements of PayPal’s Seller Protection program.

  • Only deal with verified buyers and sellers. Verifying a PayPal account can be troublesome, and it requires sharing personal information with the platform. So, anyone that did it is most likely not a scammer. If you do business with non-verified PayPal accounts, proceed with extreme caution.

  • Be wary of email links and attachments. Never click on email links, even if they look legitimate. Logging in to your PayPal account directly in your browser or app is much safer.

  • Get a good antivirus. Some PayPal scammers will try to get malware on your computer. Never download anything sent to you via email, and use reliable antivirus software, such as Norton.

  • Only contact PayPal using the number listed on its website and remember that official PayPal communications will always address you by name.  

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TECHNOLOGY

Next-gen chips, Amazon Q, and speedy S3

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AWS re:Invent, which has been taking place from November 27 and runs to December 1, has had its usual plethora of announcements: a total of 21 at time of print.

Perhaps not surprisingly, given the huge potential impact of generative AI – ChatGPT officially turns one year old today – a lot of focus has been on the AI side for AWS’ announcements, including a major partnership inked with NVIDIA across infrastructure, software, and services.

Yet there has been plenty more announced at the Las Vegas jamboree besides. Here, CloudTech rounds up the best of the rest:

Next-generation chips

This was the other major AI-focused announcement at re:Invent: the launch of two new chips, AWS Graviton4 and AWS Trainium2, for training and running AI and machine learning (ML) models, among other customer workloads. Graviton4 shapes up against its predecessor with 30% better compute performance, 50% more cores and 75% more memory bandwidth, while Trainium2 delivers up to four times faster training than before and will be able to be deployed in EC2 UltraClusters of up to 100,000 chips.

The EC2 UltraClusters are designed to ‘deliver the highest performance, most energy efficient AI model training infrastructure in the cloud’, as AWS puts it. With it, customers will be able to train large language models in ‘a fraction of the time’, as well as double energy efficiency.

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As ever, AWS offers customers who are already utilising these tools. Databricks, Epic and SAP are among the companies cited as using the new AWS-designed chips.

Zero-ETL integrations

AWS announced new Amazon Aurora PostgreSQL, Amazon DynamoDB, and Amazon Relational Database Services (Amazon RDS) for MySQL integrations with Amazon Redshift, AWS’ cloud data warehouse. The zero-ETL integrations – eliminating the need to build ETL (extract, transform, load) data pipelines – make it easier to connect and analyse transactional data across various relational and non-relational databases in Amazon Redshift.

A simple example of how zero-ETL functions can be seen is in a hypothetical company which stores transactional data – time of transaction, items bought, where the transaction occurred – in a relational database, but use another analytics tool to analyse data in a non-relational database. To connect it all up, companies would previously have to construct ETL data pipelines which are a time and money sink.

The latest integrations “build on AWS’s zero-ETL foundation… so customers can quickly and easily connect all of their data, no matter where it lives,” the company said.

Amazon S3 Express One Zone

AWS announced the general availability of Amazon S3 Express One Zone, a new storage class purpose-built for customers’ most frequently-accessed data. Data access speed is up to 10 times faster and request costs up to 50% lower than standard S3. Companies can also opt to collocate their Amazon S3 Express One Zone data in the same availability zone as their compute resources.  

Companies and partners who are using Amazon S3 Express One Zone include ChaosSearch, Cloudera, and Pinterest.

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Amazon Q

A new product, and an interesting pivot, again with generative AI at its core. Amazon Q was announced as a ‘new type of generative AI-powered assistant’ which can be tailored to a customer’s business. “Customers can get fast, relevant answers to pressing questions, generate content, and take actions – all informed by a customer’s information repositories, code, and enterprise systems,” AWS added. The service also can assist companies building on AWS, as well as companies using AWS applications for business intelligence, contact centres, and supply chain management.

Customers cited as early adopters include Accenture, BMW and Wunderkind.

Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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TECHNOLOGY

HCLTech and Cisco create collaborative hybrid workplaces

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Digital comms specialist Cisco and global tech firm HCLTech have teamed up to launch Meeting-Rooms-as-a-Service (MRaaS).

Available on a subscription model, this solution modernises legacy meeting rooms and enables users to join meetings from any meeting solution provider using Webex devices.

The MRaaS solution helps enterprises simplify the design, implementation and maintenance of integrated meeting rooms, enabling seamless collaboration for their globally distributed hybrid workforces.

Rakshit Ghura, senior VP and Global head of digital workplace services, HCLTech, said: “MRaaS combines our consulting and managed services expertise with Cisco’s proficiency in Webex devices to change the way employees conceptualise, organise and interact in a collaborative environment for a modern hybrid work model.

“The common vision of our partnership is to elevate the collaboration experience at work and drive productivity through modern meeting rooms.”

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Alexandra Zagury, VP of partner managed and as-a-Service Sales at Cisco, said: “Our partnership with HCLTech helps our clients transform their offices through cost-effective managed services that support the ongoing evolution of workspaces.

“As we reimagine the modern office, we are making it easier to support collaboration and productivity among workers, whether they are in the office or elsewhere.”

Cisco’s Webex collaboration devices harness the power of artificial intelligence to offer intuitive, seamless collaboration experiences, enabling meeting rooms with smart features such as meeting zones, intelligent people framing, optimised attendee audio and background noise removal, among others.

Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: Cisco, collaboration, HCLTech, Hybrid, meetings

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TECHNOLOGY

Canonical releases low-touch private cloud MicroCloud

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Canonical has announced the general availability of MicroCloud, a low-touch, open source cloud solution. MicroCloud is part of Canonical’s growing cloud infrastructure portfolio.

It is purpose-built for scalable clusters and edge deployments for all types of enterprises. It is designed with simplicity, security and automation in mind, minimising the time and effort to both deploy and maintain it. Conveniently, enterprise support for MicroCloud is offered as part of Canonical’s Ubuntu Pro subscription, with several support tiers available, and priced per node.

MicroClouds are optimised for repeatable and reliable remote deployments. A single command initiates the orchestration and clustering of various components with minimal involvement by the user, resulting in a fully functional cloud within minutes. This simplified deployment process significantly reduces the barrier to entry, putting a production-grade cloud at everyone’s fingertips.

Juan Manuel Ventura, head of architectures & technologies at Spindox, said: “Cloud computing is not only about technology, it’s the beating heart of any modern industrial transformation, driving agility and innovation. Our mission is to provide our customers with the most effective ways to innovate and bring value; having a complexity-free cloud infrastructure is one important piece of that puzzle. With MicroCloud, the focus shifts away from struggling with cloud operations to solving real business challenges” says

In addition to seamless deployment, MicroCloud prioritises security and ease of maintenance. All MicroCloud components are built with strict confinement for increased security, with over-the-air transactional updates that preserve data and roll back on errors automatically. Upgrades to newer versions are handled automatically and without downtime, with the mechanisms to hold or schedule them as needed.

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With this approach, MicroCloud caters to both on-premise clouds but also edge deployments at remote locations, allowing organisations to use the same infrastructure primitives and services wherever they are needed. It is suitable for business-in-branch office locations or industrial use inside a factory, as well as distributed locations where the focus is on replicability and unattended operations.

Cedric Gegout, VP of product at Canonical, said: “As data becomes more distributed, the infrastructure has to follow. Cloud computing is now distributed, spanning across data centres, far and near edge computing appliances. MicroCloud is our answer to that.

“By packaging known infrastructure primitives in a portable and unattended way, we are delivering a simpler, more prescriptive cloud experience that makes zero-ops a reality for many Industries.“

MicroCloud’s lightweight architecture makes it usable on both commodity and high-end hardware, with several ways to further reduce its footprint depending on your workload needs. In addition to the standard Ubuntu Server or Desktop, MicroClouds can be run on Ubuntu Core – a lightweight OS optimised for the edge. With Ubuntu Core, MicroClouds are a perfect solution for far-edge locations with limited computing capabilities. Users can choose to run their workloads using Kubernetes or via system containers. System containers based on LXD behave similarly to traditional VMs but consume fewer resources while providing bare-metal performance.

Coupled with Canonical’s Ubuntu Pro + Support subscription, MicroCloud users can benefit from an enterprise-grade open source cloud solution that is fully supported and with better economics. An Ubuntu Pro subscription offers security maintenance for the broadest collection of open-source software available from a single vendor today. It covers over 30k packages with a consistent security maintenance commitment, and additional features such as kernel livepatch, systems management at scale, certified compliance and hardening profiles enabling easy adoption for enterprises. With per-node pricing and no hidden fees, customers can rest assured that their environment is secure and supported without the expensive price tag typically associated with cloud solutions.

Want to learn more about cybersecurity and the cloud from industry leaders? Check out Cyber Security & Cloud Expo taking place in Amsterdam, California, and London. Explore other upcoming enterprise technology events and webinars powered by TechForge here.

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Tags: automation, Canonical, MicroCloud, private cloud

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