GCash has issued an urgent cybersecurity advisory after detecting a rise in scams involving fake National ID (PhilSys) verification and fraudulent eGovPH-related mobile applications. The Ayala-led fintech platform said scammers are now using more sophisticated social engineering tactics including impersonation, fake video calls, malicious app downloads, and screen-sharing manipulation to gain unauthorized access to users’ e-wallet and banking accounts. Bank of the Philippine Islands (BPI) is set to introduce international money transfers through its mobile banking app, following a partnership with Visa aimed at making cross-border transactions faster and more affordable for Filipinos. Read more in our articles including "GCash warns vs fake National ID, eGov apps used in phishing and screen-sharing scams" and "BPI to add international money transfers to mobile app by 2027".
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Aug 30, 2019GCash has issued an urgent cybersecurity advisory after detecting a rise in scams involving fake National ID (PhilSys) verification and fraudulent eGovPH-related mobile applications. The Ayala-led fintech platform said scammers are now using more sophisticated social engineering tactics including impersonation, fake video calls, malicious app downloads, and screen-sharing manipulation to gain unauthorized access to users’ e-wallet and banking accounts.
Bank of the Philippine Islands (BPI) is set to introduce international money transfers through its mobile banking app, following a partnership with Visa aimed at making cross-border transactions faster and more affordable for Filipinos.
Our coverage of fake National ID app scam includes: "GCash warns vs fake National ID, eGov apps used in phishing and screen-sharing scams"; "BPI to add international money transfers to mobile app by 2027"; "Apple iPhone 12, 12 mini in Purple now official". Each article provides unique insights and information.