Rise in scammers and swindlers in China puts online payment security in the spotlight

Peace and Freedom

By replacing legitimate merchants’ codes with malevolent copies, fraudsters can gain access to consumers’ data and even raid their bank accounts

By Li Tao
South China Morning Post

Tuesday, March 21, 2017, 5:36pm
QR code (abbreviated from Quick Response Code) is the trademark for a type of matrix barcode (or two-dimensional barcode) first designed for the automotive industry in Japan. A barcode is a machine-readable optical label that contains information about the item to which it is attached.

It may look harmless enough, with its random pattern of tiny black squares on a white grid, but the next time you scan one of China’s ubiquitous QR codes, you could end up seriously out of pocket.

Because the seemingly innocuous barcode may be hiding malevolent software ready to latch…

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