Protect Your Digital Activities Amid Surge in Online Scams

 

As online fraud reaches unprecedented levels, Filipinos are reminded to stay vigilant and strengthen their digital security—a key message underscored by Safer Internet Day, an annual global movement advocating for a safer and more responsible online experience.

PSBank is reinforcing its commitment to security through key enhancements to its PSBank Mobile app. Clients now have the ability to lock access to their accounts on platforms they don’t usually use, ensuring that their PSBank accounts remain restricted to their preferred and regularly utilized channels. They can also lock or unlock their ATM cards through the app, providing an extra layer of protection against unauthorized transactions. Beyond security, PSBank Mobile continues to simplify digital banking with a faster, more seamless account opening process, removing the waiting period for verification and allowing customers to open an account with just one valid ID and a selfie. The app also offers zero initial deposit requirements, real-time bill payments, RFID reloading for tolls, and lower InstaPay transfer fees—ensuring that users can enjoy safe and hassle-free banking.

While security systems evolve, vigilance remains the most powerful defense against online fraud. To minimize risks, users are encouraged to follow these key digital safety practices:

1. Verify sender identities – Always double-check emails, messages, or calls claiming to be from banks or government agencies. Scammers often impersonate trusted institutions.
2. Avoid clicking on suspicious links – Phishing scams rely on fake websites that mimic legitimate platforms to steal login credentials. Always access bank websites and apps directly.
3. Use strong, unique passwords – Avoid using the same password across multiple accounts. Enable two-factor authentication whenever possible.
4. Never share banking credentials – Banks will never ask for your PIN, OTP, or account details via email, text, or call. If someone requests this information, it's likely a scam.
5. Monitor account activity regularly – Frequently check your bank statements and transaction history for any unauthorized activity. Report suspicious transactions immediately.
6. Report scams promptly – If you fall victim to fraud, contact your bank and report the incident to the government’s 1326 cybercrime hotline, available 24/7 to assist victims.

As cybercriminals continue to innovate, fortifying your digital security is no longer just an option—it’s a necessity. This Safer Internet Day serves as a strong reminder that while financial institutions enhance their digital defenses, users must also remain proactive and vigilant. Fraudsters may adapt, but with the right security measures and a well-informed digital banking community, Filipinos can continue transacting online with confidence.