New QR Code Scam Steals Banking Credentials
|by Alpha Team

Scan This Code - Drain Your Bank Account
A new financial scam has been reported, involving the use of QR codes by scammers. After convincing victims to scan a malicious code, scammers harvest banking credentials in order to drain bank accounts. This has been used successfully in multiple European cities - and Dutch police arrested two scammers in the last week who utilized this technique.
Recommendations
- Consider enabling the Cyber Attack Chatter rule to monitor discussion of the use of this method on criminal forums.
- Never scan QR codes from unknown persons or sources. In addition to the scam discussed in this adviisory, criminals have been known to utilize them to drop malware onto mobile devices.
Details
A new QR code scam has been reported, involving the use of QR code in payments to strangers. This may seem far-fetched, however, scammers generally approach this in a manner that seems rational. Generally, a scammer will approach a potential victim, and offer them cash in exchange for their help in paying for parking. With the recent upsurge in parking payment platform applications, this does make some amount of sense. These parking apps do not take cash - and so, the attacker will offer cash to the victim in exchange for the victim scannning the QR code with their banking app. This QR code, however, gives the scammer the victim's banking credentials. This scam technique has surged in popularity throughout Europe in recent months. Dutch police have arrested two suspects, after they successfully utilized this technique to rob people of tens of thousands of Euros.
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Tags: eu/russia, financial services, phishing & fraud