[Tech Thoughts] Better discernment needed as Filipinos among most targeted by digital fraud

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[Tech Thoughts] Better discernment needed as Filipinos among most targeted by digital fraud
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Whether or not the Philippines is the worst-affected country for fraud, an issue persists: there is a constant chase to raise awareness and stay updated against scams and fraud attacks

This is AI generated summarization, which may have errors. For context, always refer to the full article.

The apparent greatest digital fraud threat? Phishing, or the act of tricking a recipient into giving up sensitive data by pretending to be an official or otherwise legitimate source, like a bank or website. This is because of our low average monthly wage, which TransUnion estimates to be somewhere in the “over two months worth of salary” range for most Philippine households.Whether or not the Philippines is the worst-affected country for fraud, the issue persists in that there is a constant chase to raise awareness and stay updated against scams and fraud attacks, especially in a social-media-savvy country like the Philippines.

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