FILIPINOS are embracing fintech apps. Based on its recent survey, Appdome, a cyber defense automation platform in the mobile economy, said 76.7 percent of Filipino consumers reported an increase in mobile app usage over the last 12 months, with e-wallet adoption and usage on the rise. Aside from e-wallets and blockchain games, Filipinos are also frequent users of digital lending apps, according to another report.

However, along with innovations come certain risks. Financial apps are particularly vulnerable to fake apps/app tampering and private crypto keys theft, to name a few. In an online conversation, Jan Sysmans, mobile app security evangelist at Appdome, shared with The Manila Times how Filipino mobile users could protect themselves against these attacks.