According to a 2022 study, there are 20% (or an estimated two million) Filipino children aged 12-17 who were subjected to online sexual abuse and exploitation.
The Securities and Exchange Commission (SEC) has urged the public to be vigilant when it comes to online lending apps, saying it has has received harassment reports from netizens coming from these online “loan sharks.”
The TrustTech movement advocates for a whole-of-nation approach to tackle cyber scams, with a focus on educating the public about cyber threats and implementing policies to safeguard both businesses and consumers.
The latest edition of the “Cost of a Data Breach Report” from IBM Security has revealed that the average cost of a data breach in Asean countries, including in Philippines, reached $3.05 million in 2023 – an all-time high for the report and a 6% increase year-to-year.
The Cybercrime Investigation Coordinating Center (CICC) is engaging consumer advocacy group CitizenWatch Philippines to help stem the growing the cases of consumer fraud that usually targets hit poor consumers.
The vast majority of cyber professionals state the cybersecurity skills shortage and skills gap has not improved over the past few years and even got worse.