SBI warns its account holders: Beware of QR code fraud

The country’s top lender State Bank of India (SBI) has warned its customers about the QR scans. SBI has alerted people not to scan QR Codes shared by anyone unless the objective is to pay.

Online transactions have become a necessity in Covid-19 pandemic times. However, one must be extremely cautious while carrying out the transactions online. Technology has not only made our life easier but also for the cyber fraudsters,

QR codes have become an increasingly popular modus operandi for them to cheat people. With more and more people moving to online transactions, fraud related to the same too has been on the rise.