QR code scams are on the rise, posing significant threats to users across various platforms. At present, these two-dimensional barcodes have become ubiquitous, adorning restaurant menus, flyers, and posters, serving as convenient gateways to online content.
Understanding the Risks Associated with QR Code Scams on the Rise
However, with convenience comes vulnerability, as cybercriminals exploit QR codes to perpetrate fraudulent activities. According to the Federal Trade Commission, scanning a QR code may leave you vulnerable to identity theft. Consequently, these scammers craft deceptive QR codes capable of stealing personal information, injecting malware into devices, or coercing unsuspecting victims into financial transactions.
They can steal your personal information. They can also infect your device with malware or trick you into paying money. With QR code scams on the rise, it’s imperative for users to exercise vigilance and caution when scanning.
This emerging scam highlights the potential dangers lurking behind those seemingly innocent squares. According to eMarketer’s projection, approximately 94 million U.S. consumers are expected to utilize smartphone QR scanners this year. By 2026, this figure is anticipated to increase to 102.6 million. This projection shows the associated risks leading to QR code scams on the rise.
The QR Code Resurgence
QR codes were originally designed for tracking parts in the automotive industry. They have experienced a renaissance in recent years. As a result, they’re used as a form of marketing today. They offer the convenience of instant access to information. You simply scan a code. They’ve become an integral part of various industries, including retail and hospitality.
Unfortunately, cybercriminals are quick to adapt. A new phishing scam has emerged, exploiting the trust we place in QR codes.
QR Code scams on the rise and how the Scam Works
The scammer prints out a fake QR code. They place it over a legitimate one. For example, they might stick it on a poster that advertises a product discount or a movie. You come along and scan the fake QR code, thinking it’s legitimate. The fake code may direct you to a phishing website. These sites may ask you to enter sensitive data. Such as your credit card details, login credentials, or other personal information.
Or scanning the QR code may prompt you to download a malicious app. One that contains malware that can do one or more of the following:
Spy on your activity
Access your copy/paste history
Access your contacts
Lock your device until you pay a ransom
The code could also direct you to a payment page. A page that charges you a fee for something supposedly free.
Additionally, the surge in QR code usage during the COVID-19 pandemic has been a widespread and collective phenomenon. With the gradual easing of lockdown measures, restaurants have witnessed a remarkable 25-fold increase in QR code adoption, while hotels have seen a sevenfold rise.
Here are a few cautionary tactics to remain vigilant as QR code scams are on the rise:
QR Code Scams on the Rise: Beware of Concealed Malicious Codes
Cybercriminals tamper with legitimate QR codes. They often add a fake QR code sticker over a real one. They embed malicious content or redirect users to fraudulent websites.
Fake Promotions and Contests
Scammers often use QR codes to lure users into fake promotions or contests. When users scan the code, it may direct them to a counterfeit website. The website may prompt them to provide personal information. This can lead to potential identity theft or financial fraud.
Malware Distribution
Some malicious QR codes start downloads of malware onto the user’s device. This can result in compromised security. Including unauthorized access to personal data and potential damage to the device’s functionality.
Stay Vigilant on QR Code scams on the rise: Tips for Safe Scanning
Some malicious QR codes start downloads of malware onto the user’s device. This can result in compromised security. Including unauthorized access to personal data and potential damage to the device’s functionality.
Verify the Source
Be cautious when scanning QR codes from unknown or untrusted sources. Verify the legitimacy of the code and its source. This is especially true if it prompts you to enter personal information.
Use a QR Code Scanner App
Consider using a dedicated QR code scanner app. Use that rather than the default camera app on your device. Some third-party apps provide extra security features such as code analysis and website reputation checks.
Inspect the URL Before Clicking
Before visiting a website prompted by a QR code, review the URL. Ensure it matches the legitimate website of the organization it claims to represent.
Avoid Scanning Suspicious Codes
Trust your instincts. If a QR code looks suspicious, refrain from scanning it. Scammers often rely on users’ curiosity. Be careful when scanning QR codes that you see in public places. Don’t scan them if they look suspicious, damaged, or tampered with. Exercising caution is paramount.
Update Your Device and Apps
Keep your device’s operating system and QR code scanning apps up to date. Regular updates often include security patches that protect against known vulnerabilities.
Be Wary of Websites Accessed via QR Code
Don’t enter any personal information on a website that you accessed through a QR code. This includes things like your address, credit card details, login information, etc.
Don’t pay any money or make any donations through a QR code. Only use trusted and secure payment methods.
Contact Us About Phishing Resistant Security Solutions
As QR code scams proliferate, it’s essential to recognize their dual nature: while useful and entertaining, they can also pose significant risks if not approached with caution. Protect yourself from potential scammers seeking to exploit your curiosity by scanning QR codes vigilantly. This particular scam falls within the realm of phishing, a prevalent threat to both individuals and organizations in today’s digital landscape..
Check out this related article about phishing for more info: Email Phishing Is on the Rise. 5 Ways to Protect Your Business From the Threat.
If you require assistance in fortifying your devices against phishing attacks, don’t hesitate to reach out to us for support.
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If you require assistance in fortifying your devices against phishing attacks, don’t hesitate to reach out to us for support.