With a recorded nearly 7 out of 10 cases of phishing that targeted the finance sector between February and April 2022, the Philippines officially takes the rank of being the most targeted country of cybercrime, according to cybersecurity firm Kaspersky.
The information comes from Kaspersky Security Network (KSN) whose data places the Philippines (68.95%) at the top of the list, followed by Indonesia (65.90%), Singapore (55.67%), Thailand (55.63%), Malaysia (50.58%), and Vietnam (36.12%), respectively.
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Not only does the Philippines’ financial sector is the most hit by online perpetrators, but its people are also the most exposed to such a threat at 9.9%, followed by Malaysia (8.49%), Thailand (7.93%), Indonesia (7.70%), Vietnam (7.45%), and Singapore (3.30%), accordingly.
By Kaspersky’s definition, phishing is a kind of internet deceit aimed at acquiring the user’s sensitive information through underhanded means. Typically, phishers target a user’s credit card number, banking details, password, and other similarly confidential data.