Payments

Philippines GCash hit by major phishing attack

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November 11, 2024

A Philippines mobile payment platform and kiosk/ATM service, GCash, recently fell victim to a significant phishing attack, according to a Gulf News report.

The cybercrime incident compromised numerous user accounts, enabling unauthorized access and fraudulent transactions. The attack underscores the growing threat of cybercrime in the digital age, particularly targeting financial services.

While GCash has assured users the issue has been resolved and that their accounts are safe, the incident has sparked widespread concern.