Business & Tech

GoTyme Bank and Scam Watch Pilipinas Join Forces to Combat Online Scams

by DitoSaPilipinas.com on Mar 21, 2024 | 09:03 AM
Edited: Apr 05, 2024 | 01:04 AM

In an era where digital transactions are becoming increasingly common, the threat of online scams looms larger than ever. Recognizing this pressing issue, GoTyme Bank has partnered with Scam Watch Pilipinas to launch the #KontraScamAttitude Awareness Program. This collaborative effort aims to empower Filipinos with the knowledge and mindset needed to protect themselves against cyber fraud.

The Importance of Mindset Change

According to Jason Brasileño, GoTyme's Fraud Strategy Head, prevention through awareness and mindset change online are crucial in combating cyber fraud. He emphasizes that while financial institutions and law enforcement play important roles, consumers hold the greatest responsibility in safeguarding themselves against scams.

Addressing Cybersecurity Literacy

Jocel de Guzman, Co-Founder of Scam Watch Pilipinas, highlights the need to address Filipinos' lack of cybersecurity literacy through education. The #KontraScamAttitude program aims to instill four key attitudes as anti-scam preventive measures.

The Four Anti-Scam Attitudes

MAGDAMOT (Be Stingy): Refrain from giving or lending money online, especially to unfamiliar individuals. Exercise caution to avoid falling victim to fraudulent schemes.

MAGDUDA (Be Suspicious): Question the "too good to be true" offers and verify the authenticity of senders before sharing personal information.

MANG-ISNOB (Be a Snob): Ignore messages from unfamiliar sources, particularly those containing threats or warnings from financial institutions. Save trusted contacts to easily identify unknown callers or messages.

MAGSUMBONG (Report): Report scam incidents to the Inter-Agency Response Center (I-ARC) Hotline promptly. Immediate action can prevent further harm and aid in apprehending perpetrators.

Collaborative Efforts and Commitment

GoTyme Bank's partnership with Scam Watch Pilipinas demonstrates a commitment to combating online scams through collaboration and education. As the first banking institution to become a brand convenor of Scam Watch Pilipinas, GoTyme underscores the importance of collective action in protecting consumers against cyber fraud.

Ensuring Support and Accountability

GoTyme reassures the public and its customers of its dedication to addressing fraud-related concerns. With a focus on providing personalized assistance and continually enhancing fraud prevention measures, GoTyme encourages victims to report incidents promptly for swift resolution.


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