The Philippine National Police-Anti Cybercrime Group (PNP-ACG) says that scammers are coming up with new ways to trick people now that the SIM Registration Act is fully in effect.
Scammers are “far from idle,” according to PNP-ACG, even though data showed that SIM-related crimes dropped by 50%, from 2,318 cases a month before the law went into effect to 1,134 cases a month after.
Scammers have bought SIM cards that aren’t being used. These cards can be used to steal one-time passwords and get into social messaging apps like Viber, Telegram, and WhatsApp.
Cybercrimes and Fraud Emerge Through Messaging Apps
Scammers would use over-the-top services through these apps, which would keep them from being caught by phone companies.
Based on what Sen. Mark Villar said, there were more hacking incidents in the first half of 2022 than in all of 2021.
Kaspersky Security Network says that from February to April 2022, there were more financial hacking attempts in the Philippines than in any other Southeast Asian country.