With the significant shift to online financial transactions ever since the pandemic started, one major concern has been online financial security. Thankfully, a recent PRUWise webinar, part of an ongoing series by Pru Life UK, tackled the subject.
Partnering with Bangko Sentral ng Pilipinas (BSP), Pru Life UK hosted a two-hour-long webinar, entitled “Marked Safe: Protecting You and Your Money from Online Scams” which provided very useful insights on online transactions as well as tips on financial portfolio safety.
The webinar featured BSP Director for Technology Risk and Innovation Supervision Department Melchor Plabasan, Deputy Director for Economic and Financial Learning Office – Strategic Communication and Advocacy Rochelle Tomas, along with Financial Journalist Salve Duplito, and covered online safety measures, incident reporting procedures, as well as best cyber hygiene practices that people can follow to ensure their financial transactions and investment portfolios are secure.
There are even more online scams now than ever before. Some of these were highlighted in this webinar.
BSP’s Plabasan said that there are 3 ways to report these scammers: 1) via Webchat on the BSP website, 2) through the BSP Facebook page, or 3) via SMS.
“In line with our ‘We DO Wealth’ commitment, Pru Life UK’s initiative, which champions Filipinos’ financial education, fully embraces BSP’s advocacy of increased consumers’ awareness of financial safety in the digital space. Today’s webinar touched on online investment and banking security issues, and how best people can protect themselves and their hard-earned savings. Today, as we are still battling the outbreak of the COVID-19 pandemic while taking stock of the toll the crisis has taken on our finances, we want to remind our customers not only to take extra care of their health but also their wealth,” shared Pru Life UK Vice President for Investments Marketing Mark Valino.
Pru Life UK through its PRUWise Webinars Experts Series will continue to champion education in life insurance, investments, finance, and economics, as part of its “We DO Wealth” advocacy.