Social Engineering Remains Leading Cyberthreat for Philippine Banks

Social Engineering Remains Leading Cyberthreat for Philippine Banks

First seen 5 Feb 2026, 11:54 UTC •Bworldonline •18.3

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Social engineering schemes, particularly phishing scams, have been identified as the primary cyber threat affecting Philippine banks during the first half of 2025. This information was reported by BSP Deputy Governor Lyn I. Javier, highlighting the ongoing challenges faced by the banking sector in combating these tactics.

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