Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

“Cybercriminals are Tampering with QR Codes to Redirect Victims”, FBI Warns

n-img-cyber

The Federal Bureau of Investigation (FBI) has issued a warning regarding Malicious QR codes that are being used by criminals to scam Americans.

The FBI issued a warning as a public service announcement (PSA), that was published on the FBI’s Internet Crimes Complaint Center (IC3) earlier this week. The FBI warned citizens of America that cybercriminals are using malicious Quick Response (QR) codes to steal victims’ personal and financial credentials.

The law enforcement authority stated that the penetrators are replacing legit QR codes that are being used by the businesses for payment gateways with malicious ones to redirect the victims to bogus websites designed to steal Personally Identifiable Information (PII) along with the financial credentials. Furthermore, malware virus is then installed on their devices, or payments are diverted to criminals’ accounts.

“Cybercriminals are tampering with QR codes to redirect victims to malicious sites that steal login and financial information,” the federal law enforcement agency said.

After the victims scan the codes that appear legitimate, they are directed towards criminals’ phishing websites, where customers are provoked to provide their financial credentials. Once, the financial information is entered, the cybercriminals get access to PII and use it to steal funds using hijacked bank accounts.

“While QR codes are not malicious in nature, it is important to practice caution when entering financial information as well as providing payment through a site navigated to through a QR code,” the FBI added. “Law enforcement cannot guarantee the recovery of lost funds after transfer.”

The federal investigation authority advised locals to pay attention to the URL they are sent after scanning QR codes, always verify the sites before providing any kind of information, and make sure that the physical QR codes have not been replaced with malicious ones. Last but not least, always enter the URLs by hand when making payments instead of scanning QR codes that probably could be set up to redirect to the phishing sites. In addition to this, people should also avoid installing applications from QR codes, instead use the apps that come with the smartphone’s operating system.

Like this, the FBI had issued another PSA associated with QR codes risk in November 2021, alerting the people of America of emerging fraud schemes like criminals using malicious QR codes and cryptocurrency ATMs to hinder efforts to recover financial losses. For example, in a recent phishing attack targeting German e-banking customers, criminals use QR codes instead of buttons in spam emails to make their activities impossible to determine by the bank’s cybersecurity systems and seamlessly redirect the victims to phishing websites. Unfortunately, customers were redirected to the malicious landing pages and ended up providing personal and financial information.

Suggested Read: SMS Phishing Scams are Impersonating State Agencies – FTC Warns

Related Posts

News

Morgan Stanley, Interactive Brokers Under Money Laundering Probe

The FBI, SEC, and other state agencies are now investigating why Morgan Stanley took on Rodriguez...

Morgan Stanley, Interactive Brokers Under Money Laundering Probe Explore More

News

Guyana Strengthens Judicial Officers Ability to Combat Financial Crime

Guyana’s government started asset recovery training for the judicial officers to boost their capa...

Guyana Strengthens Judicial Officers Ability to Combat Financial Crime Explore More

News

FIU Recovers $284K From Two Companies Suspected of Money Laundering and Tax Evasion

The Financial Intelligence Unit of Liberia (FIUL) has recovered more than $284,000 from two compa...

FIU Recovers $284K From Two Companies Suspected of Money Laundering and Tax Evasion Explore More

News

Croatian Finance Ministry Proposes New Bill to Combat Money Laundering

The Croatian Finance Ministry has introduced a new bill for state institutions to monitor the ban...

Croatian Finance Ministry Proposes New Bill to Combat Money Laundering Explore More

News

CBN Fines GTBank N128M for Failing to Meet AML and CTF Requirements

The Central Bank of Nigeria (CBN) has charged Guaranty Trust Bank (GTBank) with N128 million for ...

CBN Fines GTBank N128M for Failing to Meet AML and CTF Requirements Explore More

News

Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders

Domestic account holders of Nigeria will be able to access the funds in their accounts without hi...

Central Bank of Nigeria Lifts Limit on $10k Deposits for Domestic Account Holders Explore More

News

Blockchain Association States Senator Warren’s Crypto AML Bill is a Threat to the US

The Blockchain Association has raised concerns about the recently proposed Digital Asset Anti-Mon...

Blockchain Association States Senator Warren’s Crypto AML Bill is a Threat to the US Explore More

News

Central Bank of Bahamas Calls for Stringent Due Diligence in the Wake of FTX Collapse

The Bahamas’ Central Bank has called for stricter due diligence while moving funds in the w...

Central Bank of Bahamas Calls for Stringent Due Diligence in the Wake of FTX Collapse Explore More

News

Cybercriminals demanded $3 million ransom from Travelex

The hackers behind a cyber attack on a foreign exchange firm Travelex ordered to pay $3 million r...

Cybercriminals demanded $3 million ransom from Travelex Explore More

News

Crypto Industry Rejects New Rules to Report NFT and DeFi Transactions

The representatives of the Crypto industry have disapproved of reporting data about NFTs, DeFi tr...

Crypto Industry Rejects New Rules to Report NFT and DeFi Transactions Explore More

News

FCA Under Pressure for Compliance and Authorisation Delays

The FCA is being approached by regulatory experts due to backlogs in the provision of regulatory ...

FCA Under Pressure for Compliance and Authorisation Delays Explore More

News

Chinese Bank trials the test interface for PBoC’s Digital Currency

One of China’s largest state-owned banks, the Agricultural Bank of China (ABC) is testing a new i...

Chinese Bank trials the test interface for PBoC’s Digital Currency Explore More

News

Nigeria’s Senate Passes Bill to Tighten Money Laundering Rules

Nigeria’s Senate has passed a bill that is aimed at improving the country’s money laundering regu...

Nigeria’s Senate Passes Bill to Tighten Money Laundering Rules Explore More

News

Garmin Online Services Reportedly Hit With Ransomware Attack in demand for $10 Million

Ransomware attacks are on the rise, and Garmin is the latest big name to take a hit. A hacker gro...

Garmin Online Services Reportedly Hit With Ransomware Attack in demand for $10 Million Explore More

News

Leading Japanese Crypto Exchange Loses $100 Million to Hackers

Liquid Global, a leading cryptocurrency exchange in Japan was hit by a hacking attack and the exc...

Leading Japanese Crypto Exchange Loses $100 Million to Hackers Explore More

News

China’s Fight Against Rampant Telecom Scams – Cracked 5,94000 Cases in Just 15 Months

China has passed a law to prevent telecom and online scams, allowing enforcement agencies to foll...

China’s Fight Against Rampant Telecom Scams – Cracked 5,94000 Cases in Just 15 Months Explore More

News

Silvergate Bank ‘Aided and Abetted’ FTX Fraud, Alleges Lawsuit

The latest class action filings in the string of lawsuits allege Silvergate Bank over the last tw...

Silvergate Bank ‘Aided and Abetted’ FTX Fraud, Alleges Lawsuit Explore More

News

Russian Government to Take Regulatory Steps to Harmonize Crypto Market.

Prime Minister of Russian has suggested that crypto should be recognized through the nation’s tax...

Russian Government to Take Regulatory Steps to Harmonize Crypto Market. Explore More

News

Hong Kong Authorities Warn Unregistered Virtual Assets Platforms May Face Large Fines and Imprisonment

On August 7th, the Hong Kong Securities and Futures Commission (SFC) warned all platforms working...

Hong Kong Authorities Warn Unregistered Virtual Assets Platforms May Face Large Fines and Imprisonment Explore More

News

American Gaming Association urges policy change on digital payments

The result of a year and half of work, the American Gaming Association has suggested a set of upd...

American Gaming Association urges policy change on digital payments Explore More

News

Cambodia Under FATF’s Tight Monitoring Over Weak AML Measures

Cambodia is under the tight monitoring of FATF over weak AML measures. According to Transparency ...

Cambodia Under FATF’s Tight Monitoring Over Weak AML Measures Explore More

News

Facial Recognition Market to Grow 12.5% Annually Through 2024

According to a new report by Mordor Intelligence, the facial recognition market is expected to gr...

Facial Recognition Market to Grow 12.5% Annually Through 2024 Explore More

News

Ransomware attacks increase as more people work from home

According to a study published by the cybersecurity firm, Proofpoint, there has been an increase ...

Ransomware attacks increase as more people work from home Explore More

News

SRA Fines a Law Firm £14,000 for Breaching ID Verification Regulation

A business organization is being penalized £14,000 by the Solicitors Regulation Authority (SRA) f...

SRA Fines a Law Firm £14,000 for Breaching ID Verification Regulation Explore More

News

Financial Watchdogs in Thailand Issue Strict KYC for New Crypto Accounts

The government in Thailand plans to eliminate anonymity in the new crypto account creation by enf...

Financial Watchdogs in Thailand Issue Strict KYC for New Crypto Accounts Explore More

News

OFAC Sanctions Cryptocurrency Mixing Service for Allegedly Sourcing Money Laundering

OFAC has imposed economic sanctions on cryptocurrency mixing service Tornado Cash for allowing cu...

OFAC Sanctions Cryptocurrency Mixing Service for Allegedly Sourcing Money Laundering Explore More

News

Deutsche Bank AG Settles Money Laundering Probe Worth $7.1 Million

Deutsche Bank AG settled a money laundering case of $7.1 million over the probe by Frankfurt pros...

Deutsche Bank AG Settles Money Laundering Probe Worth $7.1 Million Explore More

News

Expanding Fraud in Digital Space—Florida’s Government Raises Awareness

The Florida Department of Agriculture and Consumer Services issued a newsletter to alert people r...

Expanding Fraud in Digital Space—Florida’s Government Raises Awareness Explore More

News

CBUAE Revokes Dollar Exchange’s Licence over Regulatory Misconduct

The UAE Central Bank has revoked the licence of a dollar exchange house after it failed to keep a...

CBUAE Revokes Dollar Exchange’s Licence over  Regulatory  Misconduct Explore More

News

Colombian Money Laundering Watchdog Delays Crypto Transaction Reporting Regime

The UIAF has postponed the date for crypto exchanges and individuals to start reporting their tra...

Colombian Money Laundering Watchdog Delays Crypto Transaction Reporting Regime Explore More

News

UK Government to Crackdown Corruption Under New AML laws

Overseas firms owning land in the UK need to publicly declare the owners, under the new UK laws t...

UK Government to Crackdown Corruption Under New AML laws Explore More

News

FATF Removes Malta From gray List of Untrustworthy Financial Jurisdictions

After one year of being included in the FATF grey list, the global action committee has voted Mal...

FATF Removes Malta From gray List of Untrustworthy Financial Jurisdictions Explore More

News

New Zealand’s FMA Issues New ID Verification Guideline

A new explanatory note has been issued by New Zealand identifying the sources of information that...

New Zealand’s FMA Issues New ID Verification Guideline Explore More

News

“We Reaffirm Our Full Support for FATF’s Efforts Against Financial Crime” – G20 Leaders

According to the Rome Declaration, G-20 leaders ensure full support to back FATF recommendations ...

“We Reaffirm Our Full Support for FATF’s Efforts Against Financial Crime” – G20 Leaders Explore More

News

UAE Adopts Facial Recognition for ID Verification Instead of Emirates ID Card Readers

Facial recognition instead of Emirates ID card readers will now verify identity. The Federal Auth...

UAE Adopts Facial Recognition for ID Verification Instead of Emirates ID Card Readers Explore More

News

EBA Issues Draft to Set up Central Database for AML and CFT

On December 20, 2021, the European Banking Authority (EBA) issued its draft Regulatory Technical ...

EBA Issues Draft to Set up Central Database for AML and CFT Explore More

News

Zipmex Crypto Trading Platform Suspends All Activities in Thailand

Zipmex cryptocurrency exchange firm withdrew all activities in Thailand until 31st January 2024 t...

Zipmex Crypto Trading Platform Suspends All Activities in Thailand Explore More

News

Action Fraud Fund Report Exposes Billion-dollar Cryptocurrency Scams

The Action Fraud Fund report exposes the extent of cryptocurrency fraud and Ponzi schemes circula...

Action Fraud Fund Report Exposes Billion-dollar Cryptocurrency Scams Explore More

News

UKGC imposed EUR 3.8 Million Fine on Genesis Global for Social Responsibility and Money Laundering Violations

After the two-year investigation, the United Kingdom Gambling Commission (UKGC) imposed EUR 3.8 m...

UKGC imposed EUR 3.8 Million Fine on Genesis Global for Social Responsibility and Money Laundering Violations Explore More

News

EU Suggests Blacklisting UAE Following “Dubai Uncovered” Leaks

The EU has suggested blacklisting UAE under the “Dubai Uncovered” leaks depicting how sanctioned ...

EU Suggests Blacklisting UAE Following “Dubai Uncovered” Leaks Explore More

News

Estonian Government to Strengthen AML Framework to Lift Crypto Ban

The Estonian Finance Ministry drafted AML amendments that will affect virtual asset service provi...

Estonian Government to Strengthen AML Framework to Lift Crypto Ban Explore More

News

Australia sues Facebook for $525 billion

A lawsuit was filed against Facebook by Australia’s privacy regulator, blaming the social media p...

Australia sues Facebook for $525 billion Explore More

News

Online fraudsters steal £17m over COVID-19 lockdown

About £17 million have been lost due to online fraud over the Coronavirus lockdown period with yo...

Online fraudsters steal £17m over COVID-19 lockdown Explore More

News

Australian Law Council Reports Practitioners Successfully Mitigating Money Laundering Risks

The Australian Law Council claimed they noticed in the survey that lawyers uphold rigorous regula...

Australian Law Council Reports Practitioners Successfully Mitigating Money Laundering Risks Explore More

News

Money Remittance in Singapore at the Highest Risk of TF

The money remittance sector and banking sector in Singapore has become the highest target for cri...

Money Remittance in Singapore at the Highest Risk of TF Explore More

News

Joint US-Spanish Operation Broke a Multi-Million Euro Credit Card Scam

The US Secret Service and Spanish police were working together on an operation when they shut dow...

Joint US-Spanish Operation Broke a Multi-Million Euro Credit Card Scam Explore More

News

New White House Standards Strategy May Affect Crypto Industry KYC Regulations

President Biden’s administration unveiled a national standards strategy on May 4, outlining eight...

New White House Standards Strategy May Affect Crypto Industry KYC Regulations Explore More

News

US Federal Reserve Fines Deutsche Bank $186 Million for Anti-Money Laundering Failures

The Federal Reserve announced on July 20th that it had fined Deutsche Bank (DBKGn.DE) and some of...

US Federal Reserve Fines Deutsche Bank $186 Million for Anti-Money Laundering Failures Explore More

News

US Treasury Department Introduces Beneficial Ownership Reporting Form to Enhance AML Measures

The US Treasury Department designed a beneficial ownership report form to strengthen the security...

US Treasury Department Introduces Beneficial Ownership Reporting Form to Enhance AML Measures Explore More

News

National Audit Office Plans to Review FCA’s Responsibilities

The National Audit Office (NAO) plans to assess the Financial Conduct Authority (FCA)’s growing r...

National Audit Office Plans to Review FCA’s Responsibilities Explore More

News

EU Freezes $130 Million Worth of Assets Linked to Money Laundering in Lebanon

France, Germany, and Luxembourg have seized the properties and frozen assets worth $130 million l...

EU Freezes $130 Million Worth of Assets Linked to Money Laundering in Lebanon Explore More

News

EMI Flagged Nearly 40% of UK’s E-Money Exchanges for Money Laundering Risk

A report from Transparency International revealed that nearly 40% of the UK’s e-payment companies...

EMI Flagged Nearly 40% of UK’s E-Money Exchanges for Money Laundering Risk Explore More

News

Twitter Reveals Plans of Addressing Deepfakes

Last month, Twitter announced that it was working on plans to better handle the rising issues of ...

Twitter Reveals Plans of Addressing Deepfakes Explore More

News

Moroccan Charity, Najiba Foundation, Faces Account Termination by ING Bank for AML Failures

Internationale Nederlanden Groep (ING) wants to terminate one of the largest Moroccan charity fou...

Moroccan Charity, Najiba Foundation, Faces Account Termination by ING Bank for AML Failures Explore More

News

Govt assists Struggling Swiss Crypto Valley

Switzerland’s “Crypto Valley” is in talks with the federal government for fixing a 100 million Sw...

Govt assists Struggling Swiss Crypto Valley Explore More

News

B.C. Real Estate Company Fined $230K for Multiple AML Violations

Nu Stream Realty Inc. has been fined $230,423 for failure to comply with federal Anti-Money Laund...

B.C. Real Estate Company Fined $230K for Multiple AML Violations Explore More

News

Danske to face $2 billion fine for money laundering

According to Jyske Bank, Danske will probably be fined around 13.5 billion kroner (around $2 bill...

Danske to face $2 billion fine for money laundering Explore More

News

US Treasury Department Discloses Latest Beneficial Ownership Information (BOI) Guide

The Money Laundering Bureau of the US Treasury Department issued the latest guide to assist small...

US Treasury Department Discloses Latest Beneficial Ownership Information (BOI) Guide Explore More

News

Philippines Directs Efforts & Demonstrates Progress in Resolving AML Concerns

The Asia Pacific Group on Money Laundering (APG) has raised the Philippines’ rating from pa...

Philippines Directs Efforts & Demonstrates Progress in Resolving AML Concerns Explore More

News

China’s Central Bank Fines Zhongtian Securities $216k for AML Breaches

China’s Central bank has fined Zhongtian Securities Co. Ltd. 1.37 million yuan ($216,000) for AML...

China’s Central Bank Fines Zhongtian Securities $216k for AML Breaches Explore More

News

FCA Bans Crypto-Related Investments in the UK

Financial Conduct Authority- FCA had proposed a ban on crypto-related investments in October 2020...

FCA Bans Crypto-Related Investments in the UK Explore More

News

NSW Government Introduces New Money Laundering Laws To Combat Organised Crimes

The New South Wales government  add new laws to increase the security against the criminal gangs ...

NSW Government Introduces New Money Laundering Laws To Combat Organised Crimes Explore More

News

SkyCity Entertainment Earmarks $29m for Anticipated AML/CFT Regulations Fine

Australian gaming company, SkyCity Entertainment, has provisioned $29m in anticipation of a civil...

SkyCity Entertainment Earmarks $29m for Anticipated AML/CFT Regulations Fine Explore More

News

UAE Firms Must Disclose UBO’s to Avoid Dirty Money Watch List

500,000+ firms in the UAE (United Arab Emirates) face disclosure of their Ultimate Beneficial Own...

UAE Firms Must Disclose UBO’s to Avoid Dirty Money Watch List Explore More

News

“Cybercriminals are Tampering with QR Codes to Redirect Victims”, FBI Warns

The Federal Bureau of Investigation (FBI) has issued a warning regarding Malicious QR codes that ...

“Cybercriminals are Tampering with QR Codes to Redirect Victims”, FBI Warns Explore More

News

Banks Ordered by BSP to Enhance the Filing of Suspicious Reports

MANILA, Philippines – In an attempt to ramp up its fight against financial crimes, the Bang...

Banks Ordered by BSP to Enhance the Filing of Suspicious Reports Explore More

News

Europe Bolsters Fight Against Financial Crime with AMLA Formation

The European Parliament (EP) and European Union (EU) council teams have agreed to create the Euro...

Europe Bolsters Fight Against Financial Crime with AMLA Formation Explore More

News

WhatsApp Receives Fine Worth $267m for Breaching EU’s Data Privacy Law

Ireland’s Data Protection Commission has stated that WhatsApp failed to inform EU citizens suffic...

WhatsApp Receives Fine Worth $267m for Breaching EU’s Data Privacy Law Explore More

News

Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far

Whale Alert alleges that crypto scams are skyrocketing so far in 2020.  A report revealed,scammer...

Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far Explore More

News

Despite the Concerns, Arizona Bans Vaccine Passports for Government

Governor of Arizona, Doug Ducey has restricted the local and state government agencies from askin...

Despite the Concerns, Arizona Bans Vaccine Passports for Government Explore More

News

Canadian financial watchdog geared up for FATF compliance

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) plans on closely regul...

Canadian financial watchdog geared up for FATF compliance Explore More

News

Founders of BitMEX Penalised for Their Inefficacy in Preventing Money Laundering

Arthur Hayes, Benjamin, Delo, and Samuel Reed – the co-founders of BitMEX charged for viola...

Founders of BitMEX Penalised for Their Inefficacy in Preventing Money Laundering Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started