ALTHOUGH the Philippines is experiencing a boom in online commerce as part of the boom in digitalization, Filipinos must not let their guard down as more cyber threats from cybercriminals will emerge.
Despite the decreasing number of digital fraud cases in 2022, Sharon Navarro, chief underwriting officer of FPG Insurance, warned online scams and phishing will continue to remain prevalent if Filipinos remain less wary about securing their online shopping presence. Be wary of sites or sellers that ask for financial information immediately, such as banking details, card information, or other sensitive financial details, even if you still need to add to your cart.
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