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PSBank warns vs cyber attacks

MANILA, Philippines - Philippine Savings Bank (PSBank) has cautioned clients against cyber attacks as nine out of 10 Filipinos spend over four hours every day browsing the net, scrolling websites and clicking links.

PSBank vice president for information security Dan Jose Duplito said data from the Philippine National Police-Anti Cybercrime Group (PNP-ACG) showed there were 1,211 cybercrime complaints of both online scams and online identity theft reported in 2014.

“While it is convenient to do almost everything online, it is possible that unverified links, also known as clickbaits, may come along the way without being noticed,” he said.

The links, he explained, appear to be harmless as it imitates the interface of legitimate bank websites. However, potential dangers are associated as it tricks users to provide their sensitive bank information.

“Clicking these links may also download malwares and viruses that infect mobile devices and personal computers, collecting important information and using them to make illegal transactions,” Duplito said.

According to Duplito, clients should avoid clicking links on emails from unrecognized sources since these emails typically come in the form of virus warnings, and charity appeals, and too-good-to-be-true offerings.

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“Be wary of the sites that ask personal and account related information. Reputable websites usually begin with https ensuring that the website is secure,” he said.

He also encouraged clients to install a quality anti-virus application on their mobile devices as well as personal computers and to turn on their browser pop-up blocker.

“In our increasingly connected world, awareness is the best weapon. At PSBank, it is essential that we arm our customers with knowledge against these attacks.

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