Be fraud-proof: Simple security checks to do regularly to protect yourself
Online banking has made managing money more convenient than ever. With just a few taps, customers can check their balance, pay bills, transfer money, or apply for financial products. But it also highly entails the need for Filipinos to know how to protect their hard-earned money from fraud online . As more financial services move online, fraudsters are also finding increasingly creative ways to target consumers. In 2025, the Bangko Sentral ng Pilipinas (BSP) said it received more than 120,000 consumer complaints, which included unauthorized online transactions and fraud-related issues. In a recent report , they said that as early as September this year, that number has already been surpassed. The BSP also shared that the most requested modules on its financial education platform are those focused on avoiding scams and fraud, reflecting a demand from consumers for self-protection knowledge. “Since we have more channels now for our transactions, the risk of fin...