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PH cybersecurity: An increasingly complex threat landscape

SCAMS through digital payment platforms, deepfake technology, phishing and ransomware are among the top threats that today's cybersecurity experts need to deal with practically every day.

Cybercriminals have increasingly exploited digital payment platforms by hacking social media accounts to impersonate users and solicit money from their contacts. Deepfake technology is also a rapidly growing threat, as cybercriminals use AI-generated deepfakes to create convincing fake videos or audio clips, often used in fake job interviews, fraudulent investment schemes and romance scams. The rise of deepfake scams is particularly alarming, as they can easily deceive even tech-savvy individuals. Phishing and ransomware attacks continue to be prevalent, targeting both individuals and organizations.

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