Over 200 million people have accounts on PayPal, making it a key target for internet fraudsters attempting to steal money. An aggressive campaign that we have seen widely spammed out in the last few hours does precisely that, pretending to be a security warning from PayPal. The attacks intention is to trick you into handing over your credit card details, full date of birth and name and address. If they really have a security message for you, youll be able to read it via the PayPal messaging system itself.”]
Source: https://nakedsecurity.sophos.com/2011/02/23/a-wave-of-paypal-phishing-emails/