SOCIAL ENGINEERING SCAM | Bangko Sentral warns Western Visayans: human deception biggest cybercrime threat

SOCIAL ENGINEERING SCAM | Bangko Sentral warns Western Visayans: human deception biggest cybercrime threat

ILOILO City — Cybercriminals are increasingly exploiting human trust rather than breaking into banking systems, with social engineering and identity theft accounting for 68 percent of reported cyberthreats nationwide in 2025, prompting the Bangko Sentral ng Pilipinas (BSP) to warn residents of Western Visayas against s