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March 05, 2024

BPI shares tips on protecting accounts against scammers

Bank of the Philippine Islands (BPI) offers advice on safeguarding against scammers, presenting ‘FLAMES’ as a protective framework.

“No one can really predict when and how a scammer attacks. We must always be careful not to fall for their schemes,” said BPI enterprise information security officer and data protection officer Jonathan John B. Paz.

BPI’s ‘FLAMES’ reminder consists of straightforward cybersecurity measures that account holders can implement to ensure the safety and security of their accounts, especially this Valentine’s Day:

F – Friends or Family? It’s advisable to keep confidential details such as PINs and passwords secret, even from close associates.

L – Love sharing your latest updates online? While it’s fine, it’s crucial to set boundaries. Avoid oversharing, particularly on social media, to safeguard yourself and your loved ones.

A – Anger, excitement, and curiosity are common emotional triggers that scammers exploit for their social engineering scams. Excessive indulgence in these emotions can serve as bait for manipulation.

M – Marriage of online and offline cybersecurity practices is a prudent habit to cultivate. It’s insufficient to exercise caution solely online or offline; both realms necessitate vigilance.

E – Engage exclusively with trusted accounts. Before engaging in e-commerce, conduct background checks and peruse reviews about sellers or products. Legitimate Facebook pages display blue verified badges.

S – Soulmate? One-True Pair. Just as you cherish them, safeguard your One-Time PINs (OTPs) by refraining from sharing them with anyone.

“This Valentine’s Day, everyone must be vigilant. Remember, cybersecurity is a shared responsibility,“ Paz said.

[META]

BPI provides ‘FLAMES’ tips on safeguarding against scammers, citing the importance of vigilance and shared responsibility in cybersecurity, especially during Valentine’s Day.

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