Tag Archives: QR Code

Bank Letter QR Code Scam : What You Need To Know!

Are scammers sending bank letters with a QR code that can steal your money?!

Take a look at the viral claim, and find out what the facts really are!

 

Claim : Bank Letter With QR Code Is A Scam!

People are sharing a photo of a letter from a bank, claiming that the QR code in the letter can steal your money if you scan it with your phone!

Circulating In WhatsApp : If you get a letter from the bank like this and ask to update the book using the QR CODE provided in the letter that was sent, don’t ever scan it, you will lose all your daily savings or old age savings, this is another scammer’s work and method take your money, please spread it to everyone so that siblings, relatives, neighbors & family members are not affected by this kind of scam…

Peng Seong, the one : ⛔️ Another Scam ‼️

Do NOT scan the QR code per the letter even with bank’s letterhead without verifying with the bank

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Truth : Bank Letter With QR Code Is Not A Scam!

This is likely another example of FAKE NEWS circulating on WhatsApp and social media platforms, and here are reasons why…

Fact #1 : This Is Old Fake News

First, let me just point out that this photo is not new. It first went viral, with a voice message in August 2022, and has subsequently gone viral on and off over the last year or so.

Fact #2 : CIMB Letter Was Genuine

The letter, which was sent by CIMB, is genuine. CIMB even posted a reply to one viral tweet, that the letter was genuine:

FYI, this [letter] is genuinely from our bank. You can refer to the link below for more information: [link no longer available]

[U]ntuk makluman, ia adalah sah dari pihak kami. Anda boleh rujuk pautan di bawah bagi maklumat lanjut: [link no longer available]

Fact #3 : CIMB Letter Was Only Sent To Business Customers

The letter was not meant for consumers, and was only sent to CIMB business customers, to request that they update their company/organisation’s information.

Re: Update on your records to improve your banking experience

We refer to the above mattes and our letter dated 27/06/2022.

We note that you have vet to update your company/organisations information with us.

As part of the Bank’s ongoing process to know our customers better and provide a seamless banking experience, we would like to remind you to return the completed Customer Information Update form to us

This letter appears to be CIMB’s efforts to comply with KYC (Know Your Customer) requirements set out by regulators like Bank Negara Malaysia (BNM).

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Fact #4 : QR Code Leads To CIMB Website

QR codes is a type of barcode, which allows people and companies to share / deliver information, that can include links. QR codes can lead you to malicious websites, but they cannot deliver malware, or hack your computer or smartphone.

The QR code in the CIMB bank letter isn’t malicious. It actually codes for a link to the CIMB website. You can verify it by simply scanning the QR code in that “CIMB scam letter”. You will see that it only leads to http://www.cimb.com.my/bizupdate [which no longer exists]

Ultimately, this viral warning was likely created by well-meaning but clueless Internet “experts” who are apparently not tech-savvy enough to even verify the QR code by simply scanning it!

Fact #5 : Form Was To Be Emailed / Delivered

The CIMB letter asked its business customers to download and fill in a form. However, that form was not to be submitted online.

Rather, the letter specifically asked its business customers to email the completed form to a legitimate CIMB email address, or to physically mail or courier it to the bank itself.

Scan the QR Code below to download the form. Once you have completed the form, please submit by email to cimb_updates@cimb.com or mail/courier to the address below within 21 days from the date of this letter, failing which, the Bank reserves the right to suspend or close the account in accordance with the account terms and conditions.

In a real scam, you will be asked to taken to a fake CIMB bank website, and asked to logged into your bank account. That’s how the scammer gets hold of your bank login credentials.

However, even that scam won’t work without access to your TAC (Transaction Authorisation Code), which is sent to your phone by SMS, or authenticated through the bank’s mobile app.

For certain, scammers cannot log into your bank account by simply gaining your company’s information through a form, unless you actually include your company’s bank account login details!

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Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

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Can Restaurant Menu QR Code Hack Your Phone?!

Did the FBI just warn people to avoid using the restaurant menu QR code, because it can hack your phone?!

Take a look at the viral claim, and find out what the facts really are!

 

Claim : FBI Says Restaurant QR Code Can Hack Your Phone!

People are sharing a Daily Mail article, or screenshots of it, which claims that the FBI just warned people not to use any restaurant menu QR code because it can allow hackers to steal your data!

Here is an excerpt from the Daily Mail article. Feel free to skip to the next section for the facts!

Why you should ALWAYS ask for a physical menu: FBI warns hackers are planting fake QR CODES in restaurants that steal your data when you click the link

  •  Scammers are making fake QR codes to place on top of real ones 
  • This is letting them access smartphones and steal personal data

QR codes have become the new default for accessing restaurant menus across the US post-Covid — but scammers are seizing upon the new practice.

The FBI warns thieves are creating fake QR codes and planting them at eateries, retail shops and even parking meters.

Instead of taking you to an online menu or checkout, the links instantly download malware onto your device, stealing your location and personal information

The FBI has urged consumers to look out for typos or misplaced letters in URLs accessed through QR codes and ask restaurants for a physical menu.

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Truth : FBI Did Not Say Restaurant QR Code Can Hack Your Phone!

This appears to be a “misunderstanding” of an actual FBI warning about QR codes. Here is what you need to know about the risks of scanning a QR code for a restaurant menu.

Fact #1 : FBI Issued QR Code Warning In January 2022

I could find no reference to a recent QR code warning by the FBI, and oddly enough, The Daily Mail did not provide a source or link to the FBI warning its article was referring to.

The FBI only released one public service announcement (PSA) about QR codes, and that was Alert Number 1-011822-PSA which was released on January 18, 2022.

If that was the source for the Daily Mail article, then it’s more than a year old, and not recent as the article appears to suggest.

Fact #2 : FBI Warned About General QR Code Risk

The FBI advisory was a general warning about the risks of tampered QR codes. Specifically, it warned about cybercriminals tampering with both digital and physical QR codes.

The FBI is issuing this announcement to raise awareness of malicious Quick Response (QR) codes. Cybercriminals are tampering with QR codes to redirect victims to malicious sites that steal login and financial information.

Cybercriminals tamper with both digital and physical QR codes to replace legitimate codes with malicious codes. A victim scans what they think to be a legitimate code but the tampered code directs victims to a malicious site…

Fact #3 : FBI Advisory Did Not Mention Restaurant / Menu

Interestingly, the entire FBI advisory did not once mention restaurants or menus, and that makes a lot of sense.

It is odd to focus on the risk of using QR codes for online menus in restaurants, when they are used in so many other ways today – from making mobile payments, as mobile tickets, login tokens, etc.

Any security risk involving restaurant menu QR codes would also apply to QR codes used for other purposes. So it really doesn’t make sense for the FBI to “pick on” restaurant menu QR codes.

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Fact #4 : QR Code Is Not Malicious In Nature

QR code (which is short for Quick Response code) is not nefarious or malicious in nature. The FB advisory specifically pointed that out – “QR codes are not malicious in nature“.

The QR code is merely a type of two dimensional barcode that was invented in 1994 by the Japanese company, Denso Wave, to track automotive parts. It has since been adopted for other purposes because it is more efficient and can support more than just numbers. For example, Version 40 QR code can contain up to 7,089 numbers or 4,296 characters.

Ultimately, a QR code is nothing more than a series of numbers or characters – data which can be used for a variety of purposes, including providing a link to an online restaurant menu.

Fact #5 : QR Code Can Be Tampered With

It is true that QR codes can be tampered with. In fact, the FBI advisory was issued after Texas police departments discovered fraudulent QR code stickers on parking meters in San Antonio and Austin. Drivers who scanned those fake QR codes were taken to a scam website. instead of the real payment website.

Hence, the FBI issued that warning to remind people to check the URL link to make sure that it is the intended website, and not a phishing page with a similar link. For example, the fake website may use www.quikpay.com when the real website is www.quickpay.com.

To completely avoid this risk, avoid using QR code to access a payment website. Always go directly to the payment website on your smartphone’s web browser by keying in the link yourself. Genuine payment labels with a QR code will often include a direct URL link for you to use as a safer alternative.

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Fact #6 : Restaurant Menu QR Code Is Low Risk

While scammers can place fraudulent QR codes over genuine ones at restaurants, bars, and other eateries, this is a very unlikely attack vector.

That’s because restaurants often use QR codes to redirect you to an online system to order food and drinks for your table. Imagine if you scan a fraudulent QR code and are asked to key in your credit card details. That would be absurd, and you would surely complain to the waiter since you haven’t even ordered your food!

In most cases, you are not expected to pay at the table using QR code. You either pay using cash / credit card / mobile payment using QR code at the payment counter. Even if that QR code is compromised, the cashier would notice it immediately as any payment made using that QR code would not reflect in the restaurant’s point-of-sale (POS) system.

And payment only occurs after dining – a fraudulent QR code that leads you to a fake website won’t allow you to actually order anything, since it’s not connected to the real restaurant and its ordering system. That’s why this attack vector is highly improbable.

In any case, many restaurants now generate temporary QR codes on disposable paper stubs to avoid this risk. The QR code is only valid for your dining session. The next person to dine at the same table will receive a different QR code.

Fact #7 : QR Code Can Potentially Inject Malware

It is possible for QR code to inject malware into the smartphone that you are using to scan. In fact, there are apps like QRGen that allow scammers / hackers to easily generate malicious QR codes. However, it isn’t quite as simple as the article makes it out to be.

For one thing – malware and exploits are limited to specific operating systems or phone models. For example, an Android exploit / malware won’t work on iPhones. Or an exploit / malware that makes use of an Android 11 vulnerability won’t work on newer / updated Android smartphones since they would have patched the exploit.

Second – any malware will require considerable amounts of code to load. The scammer / hacker will have to use an enormous QR code like the version 40 example below, or it will need to convince you to download and install the malware package itself.

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Genuine restaurant menu QR codes are simple – like the version 1 / version 10 examples above, because they only serve a link to their online menu / ordering system. If you see a large and complex QR code like the version 40 example, avoid scanning it, and ask the restaurant staff to verify its authenticity.

Restaurant menu QR codes would also never ask you to download or install anything. They only serve to load a link to an online menu / ordering system, so if you are asked to download or install anything, do NOT proceed, and notify the restaurant.

These tips also apply to other businesses that use QR codes to show you a menu, discounts, offers, information, etc.

 

Please Support My Work!

Support my work through a bank transfer /  PayPal / credit card!

Name : Adrian Wong
Bank Transfer : CIMB 7064555917 (Swift Code : CIBBMYKL)
Credit Card / Paypal : https://paypal.me/techarp

Dr. Adrian Wong has been writing about tech and science since 1997, even publishing a book with Prentice Hall called Breaking Through The BIOS Barrier (ISBN 978-0131455368) while in medical school.

He continues to devote countless hours every day writing about tech, medicine and science, in his pursuit of facts in a post-truth world.

 

Recommended Reading

Go Back To > Cybersecurity | MoneyTech ARP

 

Support Tech ARP!

Please support us by visiting our sponsors, participating in the Tech ARP Forums, or donating to our fund. Thank you!