June 8, 2025

Trillion-Dollar Banks Sound Alarm As Sophisticated New Fraud Technique Bypasses Security Measures: Report

1 min read

Banking giants and government regulators are reportedly raising the alarm over a new kind of fraud designed to slip through traditional security measures. Santander, HSBC, TSB Bank, the U.S. Federal Trade Commission (FTC) and the UK National Cyber Security Centre are issuing warnings about “quishing,” reports the Financial Times. Quishing, or QR code phishing, is The post Trillion-Dollar Banks Sound Alarm As Sophisticated New Fraud Technique Bypasses Security Measures: Report appeared first on The Daily Hodl .

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