#FraudCheck: How to spot online scams

#FraudCheck: How to spot online scams
This roundtable discussion brings together names in the industry to open the conversation on online scams and how to avoid them

Editor’s note: This content is sponsored by RCBC and was produced by BrandRap, the sales and marketing arm of Rappler. No member of the news and editorial team participated in the publishing of this piece.

Have you ever been scammed?

The way we spend and see money is ever-evolving. With the rise of e-commerce, digital wallets, and cashless transactions, it’s not enough to just tuck away our physical cards and keep our ATM PINs private. Nowadays, it pays to be better informed about the world of cybersecurity.

Cybersecurity is essential in keeping our identities and money safe, but it’s way more than just about making stronger passwords. We saw the rise of digital banking and its convenience during the pandemic, and now it’s high time that we learn more about today’s cybersecurity issues and how to protect ourselves from online scams.

Online scams have become so sophisticated that it has become increasingly difficult to decipher legitimate from fraudulent messages. Many of us remain vulnerable to attacks even with the current technologies available to protect us. That’s why it’s vital for industries to equip people with the best security practices that they can turn into habits.

One of the banks taking this extra step is RCBC. To give customers peace of mind when it comes to transacting online, RCBC offers enhanced security features such as biometric login and two-factor authentication. They have also launched a multi-channel consumer education campaign to empower their clients with knowledge about protecting their accounts online. 

Meanwhile, what do industry experts and financial literacy advocates have to say about the plague of online scams related to banking in the Philippines? 

The Rappler roundtable discussion “#FraudCheck: How to spot online scams” brings together leading names in the industry to open the conversation about online scams and how to avoid them. Watch it here:


Rizal Commercial Banking Corporation (RCBC)

RCBC is a multi-awarded universal bank and is among the largest private domestic banks in the country in terms of assets and has a network of over 462 branches and 2,911 ATMs and ATM Go units as of end-December 2022. Since its establishment in 1960, RCBC has been a pillar of the banking industry, providing a wide range of financial services to its customers through its retail and investment bank, microfinance unit, foreign exchange brokerage house, leasing company and overseas remittance tie-ups.