Mumbai, January 15: In today's digital age, scams are becoming increasingly common, and one of the latest threats is "quishing." This scam involves the use of fake QR codes to deceive people into revealing personal information or making unauthorized payments, putting them at risk of identity theft and financial loss. Let's learn more about squishing scams and how to protect it.
Quishing scams have surged across India, with fraudsters leveraging QR code scanning and UPI systems to steal money, personal details, and even identities, all while leaving minimal digital traces behind. What fraudsters seek are sensitive details like account numbers, passwords, Social Security numbers, and other private information, which they use to drain your checking account or rack up charges on your credit cards. What Are QR Code Scams? How Can You Spot Fake QR Code and Be Safe From Scammers?
What Is Quishing Scam?
While phishing scams have been prevalent in India for years, quishing is a newer tactic scammers are using to steal money. In quishing, fraudsters create fake QR codes that lead victims to fraudulent websites, where they steal banking details. According to the Times of India, the number of complaints regarding UPI fraud has surged from 15,000 in 2022 to over 30,000 in 2023, with around half of these cases related to QR code scams. QR Code Scam in Madhya Pradesh: 12 Shops, 1 Petrol Pump Targeted As Scammers Replace QR Codes in Khajuraho at Night To Redirect Payments; 1 Arrested As CCTV Footage Surfaces.
(The above story first appeared on LatestLY on Jan 15, 2025 05:46 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).