Beware of QR Code Scams: Tips to Safeguard Against Fraudulent Schemes
By Lokmat English Desk | Published: January 16, 2024 03:08 PM2024-01-16T15:08:36+5:302024-01-16T15:08:36+5:30
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The ease of making payments through QR code scanning has become increasingly popular. However, Palo Alto Networks has highlighted a growing concern about the rise of QR code scams in India, according to their recent report.
Hackers are continually devising new methods to ensnare individuals in their schemes. In Bengaluru alone, between 2017 and May 13, 2023, 41% of reported cases are linked to QR codes, malicious links, or fraudulent activities involving debit and credit cards.
According to the report, distinguishing between authentic and fraudulent QR codes has become a challenging task due to their similar appearances. Exploiting this resemblance, scammers alter their codes to mimic genuine QR codes. Consequently, it is crucial to exercise caution and bear certain considerations in mind while making payments during this period.
The QR code scam constitutes a type of cyber fraud. When users scan the code provided by cyber fraudsters, it directs them to a phishing website or initiates the installation of malware on their devices. This deceptive tactic poses a significant threat to users' online security.
In the context of a QR code scam, money can be illicitly transferred from the user's device, often resulting in substantial financial losses, sometimes amounting to lakhs of rupees
To safeguard yourself from QR code scams, it's essential to follow specific tips. Prior to scanning any unfamiliar code, ensure that you verify its legitimacy by confirming the source. It's crucial to be cautious and double-check the authenticity of QR codes before proceeding with any scanning activity.Additionally, scammers may gain remote access to the user's phone, exacerbating the extent of the security breach and potential harm to the individual's personal information and financial assets.
Before initiating any payment, utilize the QR code scanner on your mobile device to scan the QR code. This allows users to conveniently verify the destination URL, providing an additional layer of security to ensure the legitimacy of the transaction.
When installing any app on your mobile device, it's advisable to seek assistance from authorized stores. Refrain from directly installing apps prompted by scanning QR codes.
Instead, rely on authorized sources for app installations, and exercise caution to ensure proper security measures are taken.
