Friday 3rd of February 2023

What is QR Code? Types of QR Code Scams

QR Code

A QR code is a two-dimensional barcode invented in 1994 by Denso Wave, a Japanese car manufacturer. It’s a machine-readable label with information about a specific product, such as identity, location, and a link to an app or website. A QR code can be encoded in one of four ways: alphanumeric, binary, numeric, or Chinese.

How QR Codes are Used?

QR codes are used for a variety of purposes. Menu items can be viewed, apps can be downloaded, flights can be boarded, and money can be sent and received using these codes. QR codes are also used to track products and information, among other things.

How the QR Scams Work?

Consumers receive a text, social media, or email message, as well as mail with a QR code. The QR code is scanned using the phone’s camera, and the URL is opened. When you scan a QR code, you’ll be taken to a phishing website where you’ll be asked to submit login credentials or other sensitive information. In rare circumstances, scammers would utilize QR codes to automatically activate harmful payment apps or follow a fake social network account.

Scammers can also use QR codes to insert a Bitcoin address, which is a frequent cryptocurrency fraud. Consumers may receive a message on social media appearing to be from a forex trader offering an investment opportunity in this scam. The victim is required to use a Bitcoin machine to pay a withdrawal fee and then send it to the QR code supplied. The victim then receives an email asking for a transfer fee, which should alert the victim to the fact that the message is a fraud.

There are three types of QR code Phishing Scams

Clickjacking is the simplest QR code fraud, in which people are paid to persuade others to click on a specific link. This is especially common in tourist sites, where visitors expect to scan a code to acquire intriguing information about a landmark, but the fraudulent QR code redirects them to a shady website, where the clickjacking representative is compensated.

Small advance payment fraud – Some services, such as renting a shared bike, require you to make an advance payment before using them. Simply scan the QR code on the bike to complete the payment process. Scammers who receive the cash, however, can substitute the authentic QR codes.

Phishing – Phishing links can simply be masked as QR codes. Phishers employ QR codes in places where they make sense for the user, such as COVID-19 check-ins or restaurant menus.

QR Scams to Beware

The most efficient way to avoid QR code scams is to double-check that the code originated from the source you believe it did. Before scanning the QR code, contact that party and ask if they sent it. You may also add an app to make QR scanning more secure. You have a few alternatives for reporting a QR scam if you suspect you have been a victim. It should be reported to the BBB’s fraud tracker.

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