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paypal hack money 2015Today, Paypal is one of the most popular methods of making a financial transaction on the Internet. Unfortunately, it also remains one of the easiest systems to infiltrate for a hacker. This is why it's important for every Paypal user to understand how to keep your Paypal account safe. Knowledge is power – and if you know how they do it, you have the power to stop them. How Hackers Attempt To Access Your Paypal Account Yes, it is possible for a criminal to gain access to your Paypal account. However, it's also important to keep in mind that despite all of the melodramatic news reports you may hear about the terrible threat hackers pose to online security, foiling those criminals is actually very easy, even for people who aren't technically savvy. The following are the most common methods criminals use in order to break into your Paypal account. When you open an infected attachment inside an email from a friend or a stranger, keylogger software gets installed on your PC that attempts to capture every keystroke from your keyboard, and then it sends that data to a remote Internet location, where the hacker can parse through and extract your passwords. If they obtain your Paypal account password from the keylogger, the job is done. However, if they can only obtain your email password, they can go to the Paypal website, request a password reset, and then access your email in order to retrieve the new password to your Paypal account. Another more common tactic is to send out thousands of "phishing" emails, disguised to look like an official Paypal email. You click the link to the fake Paypal website, enter your email and password, and the game is over.Safety and protection policies[edit] Exclamation mark with arrows pointing at each other This section appears to contradict itself. Please see the talk page for more information. (March 2016) The PayPal Buyer Protection Policy states that the customer may file a buyer complaint if he or she did not receive an item or if the item he or she purchased was significantly not as described. The customer can open a dispute within 180 days (for registered UK residents 180 days, changed 14 June 2014) from the date of payment and escalate it to a claim within 20 days from opening the dispute. If the buyer used a credit card, he or she might get a refund via chargeback from his or her credit-card company. However, in the UK, where such a purchaser is entitled to specific statutory protections (that the credit card company is a second party to the purchase and is therefore equally liable in law if the other party defaults or goes into liquidation) under Section 75 Consumer Credit Act 1979, the purchaser loses this legal protection if the card payment is processed via PayPal.A charge a credit card company may assess to a customer's account if the customer attempts to pay a credit card bill with a check that is returned unpaid. Returned payment fees discourage credit card customers from submitting checks that they know will not clear because their checking account has insufficient funds. A credit card customer might otherwise submit a check that won't clear to try to avoid incurring late payment fees and interest by creating the appearance of having paid the credit card bill on time. BREAKING DOWN 'Returned Payment Fee' To find out whether your credit card has a returned payment fee and how much it is, check the card's terms and conditions. They will typically specify a returned payment fee of "up to $35." If it's your first returned payment, the fee might be lower — perhaps $25. If your minimum payment due was only $10, your returned payment fee might be just $10. Otherwise, you will likely pay the full $35. Sometimes you can convince the credit card company to waive the fee if you've never had a returned payment before and your account is in good standing.