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Why cybercrimes persist

March 31, 2025
Financial institutions supervised by the Bangko Sentral ng Pilipinas (BSP) lost P5.82 billion to cyberattacks in 2024, or 2.6 percent more than the P5.67 billion in 2023. The number of such crimes stood at 40,780 last year, slightly more than the 40,572 cases in 2023 but a worrying 151-percent jump from 16,246 instances in 2022. The figures, presented by BSP Deputy Governor Chuchi G. Fonacier at the United Kingdom-Southeast Asia Tech conference last week, prompted

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Undercurrent

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Public Lives

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Moments

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Young Blood

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Commentary

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Sharp Edges

Broken promises

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Looking Back

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Safe Space

‘Daw’ and personal responsibility

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Value Added

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The Long View

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No Free Lunch

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Young Blood

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Commentary

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