The Cybercrime Investigation and Coordinating Center (CICC) has warned the public against the surge of cryptocurrency investment scams this Christmas season, saying banks have...
Text hijacking is a modus operandi where fraudsters insert themselves into legitimate text message conversations, making their messages appear safe by blending in with other messages from a trusted source.
Cybercrime-as-a-Service (CaaS) providers continue to represent the majority of bad actors, and Fortinet expects that these groups will increasingly focus on specialization, offering services that target specific segments of the attack chain.
Almost half of the world’s most common passwords this year are made of the easiest keyboard combinations of numbers and letters, for instance “qwerty,” “1q2w3e4r5t,” and “123456789.” The Philippines is no exception, with such passwords leading the list.
Two local technology groups have called on the fintech industry, particularly e-wallet firms, to institute stronger cybersecurity measures and consumer protection in the wake of recent unauthorized fund transactions on the GCash e-wallet platform.
The Bangko Sentral ng Pilipinas (BSP) has instructed GCash to immediately resolve the reported unauthorized deductions on account balances of affected GCash users and swiftly complete the process of refunds.
