A group of foreigners, 3 of them to be exact, were arrested for crimes pertaining to theft with regards to bank intrusion thru skimming and such.
There have been few instances wherein cases of cyber crimes are being handled by law enforcement agenies here in the Philippines. It goes to show that we are slowly improving our security with regards to tracking these kinds of crimes. The three are also allegedly being investigated if they are hackers (excluding skimming ATM's) who might be penetrating online accounts or banks.
Issues like these have made cyber crime known far and wide, where people of power use whatever means necessary to steal information or money. This goes to show that we need improvement on our protection from people who disrupt our way of life, who steal our hard earned money.
But in the end, we personally should safeguard our own personal belongings and identifications. Identity theft can be associated with credit card fraud, where someone extracts your credit card number and its security code so that it can be used for online transactions or purchases. Banking transactions can also be handled thru phones which is in my opinion scary, as such security measures sometimes only require you to have your credit card number, security code, knowledge of your birthday, or a secret phrase. And these can all be known, either thru social engineering either thru online social accounts or just finding public directories.
Its a scary world out there, where security must be your utmost priority for you and your loved ones. Always stay safe, on and offline.