Globe sees 85% decline in scam, spam SMS, credits strong partnership with banks against fraud

Globe sees 85% decline in scam, spam SMS, credits strong partnership with banks against fraud.

The number of blocked spam and scam text messages related to banks declined by over 85% based on data covering the first three quarters of 2023, reflecting gains of Globe‘s vigorous partnerships with the country’s major banks and financial institutions. (more…)

APAC scam-paign: Number of scam resources per brand soars by 211% in 2022 – Digital Risk Trends

Headline scam and phishing data from Digital Risk Trends

Singapore, July 12 2023 — Group-IB, a global cybersecurity leader headquartered in Singapore, has today published Digital Risk Trends, a comprehensive analysis of the world’s two most common cyber threats: scams and phishing. The average number of scam resources created per brand, defined as the number of instances in which a brand’s image and logo was appropriated for use in scam campaigns, across all regions and industries more than doubled year-on-year in 2022, up 162%. In the Asia-Pacific (APAC) region, the rise was even more significant, with this number soaring by 211% compared to 2021. Additionally, the number of phishing websites detected by Group-IB’s Digital Risk Protection in 2022 was more than three times higher than in 2021. These findings build upon the 2022 Global State of Scams Report, published by the Global Anti Scam Alliance and ScamAdviser in collaboration with Group-IB, which revealed that scams caused over $55 billion in damages. The so-called scamdemic shows no signs of slowing down. (more…)

SSS asks members, employers to keep online login details to themselves

Social Security System (SSS) President and CEO Michael G. Regino today urged members, pensioners, and employers of the state-pension fund to secure their login credentials on the My.SSS portal and other personal information to protect their accounts from fraudulent transactions. (more…)

Globe strengthens cyber education campaign; calls on customers to stay vigilant in protecting their data

Globe strengthens cyber education campaign; calls on customers to stay vigilant in protecting their data

Globe is strengthening its cyber education campaign to protect customers from cybercrimes amid the recent incidents that led to distress and confusion among customers. The digital solutions platform highlighted the need for consumers to stay vigilant and safeguard their personal information by outsmarting scammers. (more…)