Human-focused scams lead Philippine fraud losses in 2025

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DUMAGUETE CITY— Social engineering schemes — in which criminals manipulate victims into revealing sensitive information that enables fraudulent transactions —emerged as the Philippines’ most prevalent cybersecurity threat last year. This underscores a shift from technical breaches to attacks that exploit the human mind. Data from the Bangko Sentral ng Pilipinas (BSP) showed that social engineering,
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