With more Filipinos relying on e-commerce to get their essentials, this has also increased the need to protect them from the growing number of fraudulent activities happening in the digital space. In […]
Kaspersky experts have detected spam emails that also abuse the popularity of “Stranger Things,” a popular Netflix series with Season 4 streamed in early July. Taking advantage of the interest in this […]
Experts of cybersecurity firm Kaspersky raised concerns on the viral TikTok prank which “notifies” users that a large amount of money is about to be debited from their accounts. Security experts warn […]
The latest findings of TransUnion about global e-commerce fraud trends found that 17.46% of all transactions between Nov. 25 and Nov. 29, were potentially fraudulent. The report also revealed that in the […]
PLDT and its wireless unit Smart Communications, Inc. (Smart) have reported a decrease in the number of clicks by subscribers on unsolicited SMS that lead to fraud, following the Group’s massive awareness […]
After receiving reports of massive SMS spamming offering jobs to recipients, the Philippines’ data privacy watchdog National Privacy Commission (NPC) announced that launched an investigation that will probe telecommunications firms, banks, and […]
By Dave Senci, Vice President of Product Development, NuData Security, a Mastercard company Online orders from quick-service restaurants (QSRs) surged 225% during the pandemic, helping companies stay afloat and providing customers a […]
While the digital fraud rate rose to 16.5% across industries during the second quarter of 2021 globally, attempts originating from the Philippines decreased by 59.4%, according to the quarterly analysis of consumer […]
New research from TransUnion reveals that digital fraud attempts in the financial services industry increased by 149% globally in the first five months of 2021 compared with the last four months of […]
By Shabab Muhaddes, APAC General Manager, Vesta Mobile phones and other devices have become integral to business, education, and socialization. According to research conducted by Deloitte, mobile phone penetration is at 91% […]
Amid the boom of cashless payments in the Philippines, digital financial services firm PayMaya has signed an Information-Sharing Protocol (ISP) agreement with the Anti-Money Laundering Council (AMLC) to help the government in […]
TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters in the Philippines are increasing their digital schemes against businesses. The findings of TransUnion’s recent […]
With the Philippines remaining under varying degrees of quarantine due to COVID-19, a new Economist Intelligence Unit study for TransUnion finds businesses’ shift to digital could be permanent. “COVID-19 has dramatically accelerated […]
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