Newsletter: Selling your verified digital wallet? Think again

[THIS IS A PRESS RELEASE]

The recent spate of selling and even rental of verified digital wallets in the country should not be taken lightly. It is, in fact, alarming because its owners or account holders risk losing their identities with far-reaching consequences, according to cybersecurity and digital privacy company Kaspersky. 

Newsletter: Kaspersky: Securing digital wallets is a shared responsibility

Author's Note: The following below is a statement released by Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky following the recent cyberattacks on one of the country's digital wallet platforms recently.

The recent multi-million incident involving a top digital wallet provider in the Philippines shows two things: (1) that cybercriminals continue to target fintech institutions and (2) that securing these convenient technologies is really a shared responsibility.