FACTORS CONTRIBUTING TO THE GROWTH OF CYBERCRIME IN THE PHILIPPINES

Increased Internet Penetration

The Philippines has experienced a rapid increase in internet penetration in recent years. While this has brought several benefits, it has also opened up opportunities for cybercriminals to target a larger user base.

Rising Digital Economy

The growth of the digital economy in our country, with increased online banking, ecommerce, and digital payment systems, has provided cybercriminals with lucrative targets Financial transactions conducted online have become attractive for cybercriminals seeking to exploit vulnerabilities and steal sensitive information.

Lack of Awareness and Education

Many individuals and organizations in the Philippines still lack awareness about cybersecurity best practices. This makes them more vulnerable to cyber attacks. A lack of proper education and training on cybersecurity leaves users unaware of potential threats and makes them more susceptible to falling for scams or clicking on malicious links