Paytm mobile payments warned told that complying to regulations is not “optional”

Mobile payments - Breaking Rules - India

The popular service was found to have failed to comply with the law in India, where it is popular. Popular mobile payments service provider, Paytm Payments Bank, is at the heart of a controversy in India, where it is highly popular. The company has been accused of failing to realize the need to comply with legal regulations. Union minister Rajeev Chandrasekhar said no company can get away with such actions. The union minister was making reference to the Reserve Bank of India’s regulatory action on the mobile payments and financial…

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FCC reminds consumers to keep ahead of the latest quishing strategies

Quishing QR Code Scam

Scammers are increasingly using QR codes as consumers become comfortable with scanning QR codes can be found virtually everywhere, but while they boost convenience in an affordable way, quishing scams are becoming a growing problem. As is the case with virtually everything digital, scammers are abusing QR codes Scanning QR codes is a practice used for everything from reading a menu at a restaurant to paying a utility bill. That said, as they are also a simple way to share personal information, they have also been worked into scams –…

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Nothing Chats mobile app removed from Google Play Store because of huge privacy issues

Mobile app - Privacy issues

The developer has withdrawn its iMessage bridge application following discovery of widespread data concerns. The Nothing Chats iMessage compatible mobile app has been taken off the Google Play Store by Nothing and Sunbird because of widespread privacy concerns. The companies took the application down voluntarily, but only after the data usage behaviors were discovered. The mobile app was taken down after it was found out that Sunbird was logging and retaining user vCards, messages, and more. That said, that same user data was also downloadable by other parties. This led…

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Quishing trends take off as smartphone users increasingly scammed by QR code scans

Quishing - QR code scam alert

A new report suggests that the number of attacks using quick response barcodes is up 587 percent. Quishing, that is, the practice of launching a cybersecurity attack by way of a QR code scan, is a trend that is rising much more rapidly than many smartphone users realize, placing them at risk of falling victim to one of these scams. According to a recent report, the rise in instances from August to September 2023 alone was a staggering 587 percent. Researchers from Check Point’s Harmony Email team observed thousands of…

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