Hackers Use QR Codes to Steal Your Money

QR codes with their square barcode regained their popularity when the pandemic began because consumers found them easy to use and businesses did not have to worry about contamination from contact.

Many companies, especially restaurants started using QR or Quick Response codes and swapped them out for menus since customers could scan them from their smartphones within a few seconds. Other industries adopted QR codes for coupons, bills or to learn more information about a topic or person. Coinbase ( (COIN) ), the cryptocurrency exchange platform, even shelled out nearly $ 14 million for a 30-second Super Bowl commercial in January that only featured a QR code.

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