Bitcoin QR code generators are not as secure as some may think

Bitcoin QR code generators - Bitcoin

A report from ZenGo reveals there’s a lot of scam QR code generators for Bitcoin. A recent analysis conducted by ZenGo, a keyless Bitcoin and cryptocurrency wallet, reveals that four out of the top five Bitcoin QR code generators listed on Google’s front page are operated by scammers. The codes that are being generated link to the scammer’s own wallet. ZenGo discovered that when a user uses one of these malicious sites to create a quick response (QR) code for their personal Bitcoin address, the site generates a code for…

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QR code security update needed, says Quick Response code creator

QR code security - Smartphone with QR code

Japanese engineer, Masahiro Hara, vows to strengthen the safety of the system. Hara, the creator of the 2D code, says that improved QR code security is needed since it has become so popular and is now being widely used as he hadn’t expected for various applications all over the globe. Now that it is a worldwide multipurpose application utilized in a variety of fields, including cashless payments via smartphones, Hara wants to strengthen the safety of the system. The QR Code is celebrating its 25th anniversary in 2019. The quick…

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Denuvo launches new mobile game security solution

Mobile game security - Mobile phone

The gaming security firm has released Mobile Game Protection to combat security flaws within mobile games. Mobile game security has become an increasingly hot topic since the explosive growth of mobile gaming. Denuvo’s new security solution, Mobile Game Protection, is designed to combat an increase in pirating, cheating, and security flaw exposures. The company claims that their new system can protect the experience of legitimate players and prevent hackers from debugging, reverse engineering or altering the game. The security solution can be applied to any game without operation effort. Denuvo’s…

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Why Your Employees Need to be Aware of Phishing

phishing attacks

Despite major advances in intrusion detection tools and anti-malware technology, businesses are still frequent victims of cyber-attacks. This is largely due to one element that hasn’t evolved as quickly as technology, which is the employee. This makes phishing an extremely popular way to attack a business and obtain sensitive private information. A 2019 report by Verizon found that about a third of all cyber-attacks involved phishing. All one needs to perform a successful phishing attack is a computer, a grasp of the language and an unsuspecting victim. This is why,…

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New QR code security system in Japan to help boost cashless transactions in the country

QR code security system - CGTN America YouTube

Electronic payments have been slow to expand in Japan. A new QR code security system is in the works that could help cashless payments take off in Japan. The country wants to increase its number of digital transactions to not only reduce the number of cash transaction, but to also make it easier for the government to collect taxes with better efficiency. Japan wants to increase total digital payments of all transactions to 40% by 2025. In Japan, cashless payments have been slow to take off, with 80% of people…

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