Customers are then asked to update their account or check its security by clicking a link in the email.

But the link doesn't go to the real PayPal. Instead, account holders are taken to convincing but phony websites that are designed to steal login details, as well as personal and financial information.

A PayPal spokesperson said: "Be aware of any emails or text messages that ask you to provide personal information directly in response.”

"Scammers often use a false sense of urgency to prompt you to act on a phishing email.”

"All communications from PayPal to account holders would be sent to the secure message center within their PayPal account. You will have a secure message waiting if PayPal does need you to take any action.”

A genuine PayPal email will only ever address you by your full name – anything that starts differently should immediately raise your suspicions.

"Look out for spelling mistakes, which are a common sign of a fraudulent message. If you have any concerns regarding an email you have received, you should send it to spoof@paypal.com."

Pauline Smith, Head of Action Fraud, said: "These emails are commonly used by criminals to gain access to your personal and banking details, which they then use to steal your identity or your money.”

She added: "It is common for criminals to spoof the legitimate phone number or email address of a trusted organization, to trick us into providing information.

"If you receive a message out of the blue that seems suspicious, take five minutes to check directly with the organization or brand contacting you that the communication is genuine. If something feels wrong, then always question it."

The latest alert follows a similar boom in phishing emails in June when customers reported emails claiming their accounts had been either 'suspended' or 'lifted'.

These featured prominent typos, saying: "We've limited your access and the reason is the last login attemp , we've limited your account for security reasons.

"To fix this problem you have to login and update your personal information by following this link."

These emails won’t be drying up anytime soon, so please be on your guard and, as always, visit the PayPal website directly from your browser should you receive any messages claiming you’ve been limited or locked out. If it’s genuine, then customer service will be able to assist. If it isn’t, help both PayPal and everyone else by reporting the phish. It’s a win-win scenario.

If you have any questions please call into our helpdesk line or send us an email at info@tekleap.com