As online scams increase, PSBank urges Filipinos to stay alert and take steps to protect their digital activities.
PSBank is reinforcing security on its PSBank Mobile app with new features. Users can now lock their accounts on devices or platforms they don’t normally use, limiting access to their trusted channels. They can also lock and unlock their ATM cards through the app to prevent unauthorized transactions.
The app also simplifies digital banking by offering real-time bill payments, RFID reloading for tolls, and lower InstaPay transfer fees. Customers can open an account quickly using just one valid ID and a selfie, without needing an initial deposit.
To help users stay safe, here are some key digital security tips:
- Verify sender identities – Always double-check emails, messages, or calls claiming to be from banks or government agencies. Scammers often pretend to be from trusted institutions.
- Avoid clicking on suspicious links – Phishing scams use fake websites to steal login details. Always access bank websites and apps directly.
- Use strong, unique passwords – Avoid reusing passwords for different accounts. Enable two-factor authentication when possible.
- Never share banking credentials – Banks will never ask for your PIN, OTP, or account details via email, text, or call. If someone requests them, it’s likely a scam.
- Monitor account activity regularly – Check your bank statements and transaction history often. Report any suspicious transactions immediately.
- Report scams promptly – If you fall victim to fraud, contact your bank and report it to the 1326 cybercrime hotline, which operates 24/7.
As cybercriminals continue to find new ways to commit fraud, staying informed and practicing good security habits can help Filipinos transact online safely.