FBI issues alert over spiking QR codes security problems

QR Codes - FBI

As malicious uses of the popular barcodes sharply rise, the FBI is warning the public to be cautious. QR codes found their place as the pandemic handed the world a sudden need to complete many tasks in a contactless way. However, according to a new FBI warning, cybercriminals are using the popularity of these barcodes to do what they do best: steal, damage and harm. The warning cautions people regarding certain uses that can leave them open to threats. Today, QR codes are so common on menus, event tickets and…

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Mobile payment apps generate growing number of security-related complaints

Mobile payment apps - person paying with mobile phone

Applications like Venmo and Zelle have seen a 300 percent rise in complaints related to scams. Mobile payment apps like Venmo, Zelle, and Cash App have seen a dramatic increase in the complaints they have been receiving, particularly when it comes to people becoming victims of scams while using them. The top issues in complaints have been scams, account use struggles and poor customer service. The US Public Interest Research Group (PIRG) non-profit conducted a data analysis which identified those leading topics of complaints filed about mobile payment apps. PIRG’s…

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Facial recognition payment verification method popularity to explode in coming years

Facial recognition payment verification - binary code - woman's face

A new analysis suggests that this and other biometric authentication tech will be used by billions. Newly released research results have shown that in coming years, billions of smartphone users will employ facial recognition payment verification and other types of authentication to keep their transactions secure. The next handful of years are expected to include a considerable shift toward biometrics. This shift will include a heavy move toward facial recognition payment verification technology, among other types of biometrics. These will be meant to boost the security level of mobile transactions,…

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Biometrics use could explode by 2025 due to m-commerce

Biometrics use - fingerprint

The tech may not be perfect, but it is solid and provides considerably greater user convenience. Biometrics use is expected to skyrocket in popularity over the next handful of years as a result of the widespread adoption of mobile commerce. According to data in a recent Juniper Research report the mobile security tech could peak as soon as 2025. The use of fingerprints and facial recognition for identity verification rose by 650 percent in 2020. As the pandemic sent millions of people worldwide to do their jobs remotely, the use…

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