An old scam, brought up to date (Paypal)

Paypal users hit by scam
http://siliconvalley.internet.com/news/article.php/1470291

“A new round of attacks by online criminals is being directed at online payments service PayPal this week, including e-mails that inform account holders they need to re-enter their credit card data”

Just goes to show – never give out your information unless you are absolutely sure. This is just a more 21st century version of the old “Hello, this is your bank, what is your PIN code so we can update our records” scam.