The fraudulent schemes typically involve phishing attempts that disguise themselves as services offering assistance with National ID registration, printing of IDs, correcting errors, or downloading the Digital National ID, among other things.
The Philippine Scam Prevention Center (PSPC) will primarily function as the central agency that will lead enforcement efforts against digital fraud and online financial scams.
Local hacking group Philippine Exodus Security claimed they had infiltrated the mail systems of the Philippine Army and Philippine Navy, and had obtained highly confidential documents from the Department of National Defense (DND).
The Bangko Sentral ng Pilipinas (BSP) has launched the Financial Cyber Resilience Governance Council (FCRGC) to boost collaboration across the financial sector to strengthen...
Stock market broker AB Capital Securities admitted last Feb. 3 that its system was hacked last Jan. 25, causing the temporary suspension of its trading activities for its clients. PCSO, meanwhile, denied that its system was breached by a local hacking group.
Google announced the launch of "Enhanced Google Play Protect," designed to boost mobile security in the Philippines. This feature provides real-time scanning to detect malicious apps and prevent their installation.
The Cybercrime Investigation and Coordinating Center (CICC) received a total of 10,004 cybercrime complaints in 2024, more than three times the 3,317 complaints received by the agency in 2023.
The CICC said the USDT platform, a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner, is currently being used in drug payments.
