Banks and Regulators Warn of Rise in 'Quishing' QR Code Phishing Scams, FTC Issues Warning

Banks and regulators are raising alarms about a significant increase in QR code phishing scams, commonly referred to as 'quishing.' These scams are frequently embedded in emails to bypass corporate cybersecurity measures, posing a serious threat to both individuals and organizations. Experts emphasize the importance of vigilance when interacting with QR codes, as scammers often disguise malicious links within them to steal sensitive information. The Federal Trade Commission (FTC) has also issued warnings regarding these deceptive practices, urging the public to be cautious and informed about potential risks associated with QR codes.