Attackers are using the apps to steal money from people who believe they have installed a financial trading, banking, or cryptocurrency app from a well-known and trusted organization.
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.
UK-based cybersecurity firm Sophos has warned against the emergence of new email phishing scams, which sneak malware and exploits into the network, and credentials and sensitive data out.
Sophos has found a resurgence of fake alerts, called scareware or malvertising, that lure users into thinking their need technical support and then buying fake apps or fleeceware off a mobile app store.
According to a new cloud survey from cybersecurity Sophos, organizations in the Philippines experienced a public cloud security incident in the last year – including ransomware and other malware (77%), exposed data (40%), compromised accounts (40%), and cryptojacking (16%).
Sophos has released a report showing how Apple device users are being targeted by applications that overcharge users through costly subscriptions or unscrupulous in-app purchases.
UK-based cybersecurity firm Sophos will be ramping up recruitment drives in the Philippines, saying the local cybersecurity workforce is capable of competing globally.
According to Sophos, an email carrying the World Health Organization (WHO) logo has been circulating around, asking people to go through an attached document on safety measures regarding the spreading of coronavirus.
