The breach incident has made the rounds online after social media personality Christian Albert “Xian” Gaza disclosed information on the ransomware attack in a number of posts in his Facebook page.
Hotel booking site RedDoorz recently fell victim to a large-scale data breach, exposing 5.9 million Southeast Asian users’ personal data, a majority of which came from its largest market in Indonesia. Ever since the pandemic accelerated digital transformation, so too have cyberthreat actors proliferated and went bolder in their attacks.
Cybersecurity provider Palo Alto Networks recently revealed the findings from its threat research team Unit 42 that shed light on the major disconnect between an organization’s perception of their security to the reality of threats that pose great risk and can impact the business catastrophically.
Re-electionist senator Sherwin Gatchalian took note of a recent incident relayed in a newspaper column on how a housewife's credit card was charged P1.7 million after her SIM card was replaced by fraudsters to underhandedly carry out online credit card transactions.
The Bankers Association of the Philippines (BAP) has launched its Anti-Scam Campaign, a wide-ranging information campaign undertaken with various partners that aims to promote cybersecurity, cybersafety, and awareness among the Filipino banking public.
The study from Accenture also revealed that four in five respondents (81%) believe that “staying ahead of attackers is a constant battle and the cost is unsustainable” — an increase from 69% in last year’s survey.
The operator said SIM swap scam is the latest scheme being carried out by scammers wherein the perpetrators take over an individual’s financial accounts such as bank accounts, e-wallets, and credit cards.
