As part of an effort to combat phishing, PayPal plans to block older versions of Internet Explorer and Firefox and other unsafe browsers from accessing the online payment site.
Phishing is a deceptive practice used by Web criminals to acquire personal information, such as usernames, passwords and credit card details. Phishers often pose as legitimate businesses in emails to lure victims to fraudulent sites where they are asked to input their personal data. Phishers also use Websites with URLs similar to legitimate sites, hoping that a person will misspell the address and end up at the fraudulent site. PayPal is among the favorite targets of phishers, along with eBay and online banks.
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