A security researcher who analyzed the leaked files found that a Philippine data set contained over 899,000 entries, larger than the popularly reported figure of 879,699.
The cybersecurity skills gap also continues to be a problem for businesses in the Philippines. Nearly 45% of local businesses have said that lack of cybersecurity skills is challenging for their organization.
However, overall awareness of webcam security is promisingly high, with nearly six-in-ten (59%) worried that someone could be watching them through their webcam without them knowing, and 60% concerned that this could be done via malicious software.
Cybersecurity firm Kaspersky has emphasized the need to carefully review the policy formulation behind each strategy and ensuring that these same strategies remain relevant and able to address emerging issues.
The BSP said around 13 percent of the complaints involved fraudulent or unauthorized transactions of various financial products and services like deposit, credit card, electronic money, and remittance.
The privacy body said a certain hacker under the name “creepxploit” is selling the personal data of 3.3 million users of Cashalo containing their usernames, passwords, e-mail addresses, phone numbers, and device identifications.
Online lending firm Cashalo issued a statement on Saturday, Feb. 20, saying its “IT security team discovered a potential data security incident involving a Cashalo-only database archive”.