In the annual study by polling firms Hootsuite and We Are Social, which monitors global social media and internet use, the Philippines remains the world’s social media hub, ranked first for the sixth year in a row.
Filipinos spent four hours and fifteen minutes a day on social media in 2020. This time exceeds not only the world average of two hours and 25 minutes in 2020, but also the average of three hours and 53 minutes in 2019.
Given the amount of time people spend on social media, BDO Unibank advises people to be cautious about the details they post. Scammers lurk online in order to collect personal details in order to gain access to online bank accounts and steal money. It can also be used to create new bank accounts.
What will bank customers do to stay a step ahead of scammers?
For example, BDO urges clients to never share documents on social media that include their full name, birthday, or other information that scammers may use to answer security questions.
The following are few other helpful reminders for clients:
- Examine your personal information. Double-check whether you want to disclose your full name, birthday, educational record, job records, and other personal details.
- Select the people who will be able to see your messages. You should change the privacy settings on social media sites to limit what anyone can see.
- Add only people you meet, particularly if you’re sharing personal moments like birthdays, family memories, or professional accomplishments. Unfriend people, you don’t know well.
Clients are encouraged to report unusual events to ReportPhish@bdo.com.ph or contact BDO Customer Care by logging into Messenger and searching for BDO Customer Care with the blue checked checkmark from Facebook. Clients should also contact the company’s hotline at 8631-8000.