A major bank cautioned its clients against dubious emails and text messages seeking their personal information.
The Bank of the Philippine Islands said it received reports of emails that send suspicious links where interbank fund transfers can supposedly be canceled.
The advisory read, “#BPIcybersecuriTips: Nakatanggap ka ba ng email na diumano’y interbank funds transfer na pwede mong i-cancel sa pamamagitan ng isang link? Isa itong bagong istilo ng mga scammer.”
A study by cybersecurity firm Fortinet reported a rise in cyber threats among businesses during the pandemic, citing phishing and email breaches.
In the report, over half of participants or 60% of organizations saw an increase in attempted cybersecurity breaches, with 34% actually becoming victims.
The firm attributed the rise of cybersecurity threats to the reliance on personal device usage when businesses shifted to work-from-home arrangements.