Kaspersky released a new survey that explores Filipino users’ responses after falling victim to a digital scam or fraud.

Among the respondents, 65% said changing the passwords on their bank/digital wallet accounts and apps is top of the list. Alternatively, 51% admitted that informing their family and friends of what happened was what they did before anything else. Meanwhile, 43% said contacting their bank or financial service company to report the incident was their immediate course of action.

While cash is still the most prominent in the country, the periodic quarantine measures prompted users to rely on mobile payment apps and digital wallets more for their daily financial transactions. Notably, 54% of respondents said they are somewhat confident that such platforms are very secure and use these services at least several times a week.
This is evident based on the local survey participants. They chose digital payments to transfer money to family and friends, pay for utilities, and shop online, in that order.

“We can glean from this data that Filipinos draw strength from their family during a crisis particularly where there’s potential loss of money. This may explain why they make calls to their families and friends before anything else rather than swiftly report their circumstance to the proper authorities,” explained Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

However, according to Yeo, it’s more likely that users would fail to claim the funds back due to the delay in seeking help from financial institutions.

“This is where prevention is essential. The detection of a scam or fraud early on in the transaction means less headache for you and your family and your hard-earned money stays intact,” added Yeo.

Besides using a strong password, enabling all security features of the device and apps, and keeping an eye on red flags, Yeo said practicing good cyber hygiene also includes using dependable software protection even before an unfortunate event occurs and not after encountering an incident.

For that, Kaspersky’s premium product, the Kaspersky Total Security (KTS), offers complete, family-oriented defense against potential cyberthreats. It’s bundled with a virtual private network (VPN), ensuring that your online actions are not logged, and hackers are prevented from reading your emails, photos, and bank details. Furthermore, it has a Password Manager that generates strong passwords for you. It will help you track multiple passwords, which are all secured in a private vault, away from the prying eyes of cybercriminals.

It even has the Safe Money feature, which protects one’s money, identity, and privacy all in one.

When installed in a device, payments are made via an encrypted browser so that hackers do not intercept financial data while you shop and bank online. It also comes with an extra security feature for locking Android apps and locating Android mobile devices. Additionally, it has an Anti-Hacking capability that prevents unauthorized access and hijacking your Android device, with suspicious activities being blocked instantly. Other valuable features also include Malicious Link Detector and Anti-Malware features.

KTS is compatible with both PC and Mac computers and iOS and Android devices, available in all leading IT stores nationwide, including Lazada and Shopee.

Vaccinated customers can also benefit from GCash or PayMaya credits for every purchase of KTS. They only need to present their vaccination card to participating stores. This promo runs from February 15 to March 15, 2022. Check out the full mechanics here.

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