Phishing scams dominate the Philippines cybercrime landscape


Cybercrime in the Philippines is on a rapid rise, with phishing campaigns alone up 200% since the country went into lockdown in March

In today’s highly-digitalized society, wanton cybercrimes have proven to be difficult to eradicate, and the cyberattack threat matrix just got riskier when recent quarantine and lockdown restrictions forced everyone indoors. Not only did emboldened bad actors crawl out of the woodwork with even more potent malware and phishing scams, but the targeting of institutions and work-from-home staff is at an all-time high.

In the Philippines, the pandemic has brought out the worst in some opportunists, and in the virtual realm, it appears phishing attacks are the cyber weapon of choice.

Read more…
Source: Techwire Asia