This was posted on another board I'm on by a gal name Anna, who does all of our virus warnings. I think it's appropriate here, since so many of use Paypal:
Vrus Warning W32.Mimail.H@mm Poses as a Paypal Email
That instructs you to go to a web page to enter your information. This
virus is NEW. AVG just had an update for it. Other vendors are working
on their updates.
This virus is new in the way that it presents itself.
For screen shots and more information visit:
http://www.sarc.com/avcenter/venc/data/w32.mimail.h@mm.html
Subject: YOUR PAYPAL.COM ACCOUNT EXPIRES
Attachment: paypal.asp.scr -or-
paypal.com.scr
This virus also has an attachment, not the double file extension. The
last file type is the real one: scr.
This virus affects all versions of Windows.
From Sarc (Norton) here is the message as it will appear.
Subject: YOUR PAYPAL.COM ACCOUNT EXPIRES
Attachment: paypal.asp.scr -or-
www.paypal.com.scr
Message:
Dear PayPal member,
PayPal would like to inform you about some important information
regarding your PayPal account. This account, which is associated with
the email address
<address>
will be expiring within five business days. We apologize for any
inconvenience that this may cause, but this is occurring because all of
our customers are required to update their account settings with their
personal information.
We are taking these actions because we are implementing a new security
policy on our website to insure everyone's absolute privacy. To avoid
any interruption in PayPal services then you will need to run the
application that we have sent with this email (see attachment) and
follow the instructions. Please do not send your personal information
through email, as it will not be as secure.
IMPORTANT! If you do not update your information with our secure
application within the next five business days then we will be forced to
deactivate your account and you will not be able to use your PayPal
account any longer. It is strongly recommended that you take a few
minutes out of your busy day and complete this now.
DO NOT REPLY TO THIS MESSAGE VIA EMAIL! This mail is sent by an
automated message system and the reply will not be received.
Thank you for using PayPal.