This morning I received 82 emails from paypal Each of 41 emails inform me that the Student Acct I opened for my teen, "name" was almost complete but I still had to sign in and choose a password. The other 41 inform me that my bank has declined the transfer of funds to those accounts. Imagine my good fortune in being financially sound enough to raise 41 kids (all now teenagers) and supply them with funds ranging from $50 to $3800.
These student accounts were actually opened and the emails actually did get generated from the paypal routines. I had no way of preventing something like this from happening. However what I did do right is link my account to a bank account which never has more than $200 in it and limit the amount that can be transferred at any one time.
I also only keep a $200 max in any acct that I use as a debit.
As far as usernames and passwords, it is a PITA but I don't reuse or duplicate them for financial sites.
I filter out a lot of Junk mail; scans report that many of them have suspicious attachments
Any other safety tactics out there, or thoughts on paypal "security"?