“Kung minamadali ka, baka scammer ’yan!”
Scammers often create a sense of panic and urgency to make people act before they can think or verify. Fake alerts about suspicious transactions, expiring rewards, compromised accounts, or requests to update information are among the tactics used to deceive victims.
BDO encourages senior citizens to be W.A.I.S.—Wise, Alert, Informed and Secure — by thinking twice, asking questions and verifying unexpected requests before taking action.
Older adults can be particularly vulnerable to online scams. A Philippine Institute for Development Studies study found that only 18% of Filipinos aged 65 and above have at least one basic digital skill, potentially making it harder to identify fake messages, suspicious websites and other online threats.
At BDO, the most commonly reported fraud incidents involve voice phishing or vishing, in which scammers pose as bank representatives. This is followed by phishing through fake links, websites or emails, and impersonation scams.
To stay protected, BDO recommends remembering S.C.A.M.:
- STOP – Don’t click suspicious links or immediately share personal information. Stay calm and avoid acting out of panic.
- CHECK – Verify messages or callers through the bank’s official website, hotline or mobile app.
- ASK – When unsure, consult the bank, a trusted family member or friend before proceeding.
- MAKE SURE – Keep financial information private. Never share account details, CVV, username, password or OTP with anyone.
Scammers may constantly change their tactics, but their strategy often remains the same: create fear and urgency to make people act without thinking.
By slowing down, verifying requests and protecting confidential information, seniors—and all digital users—can stay one step ahead of scams.
For more #BDOStopScam tips, the public may visit BDO’s official website or Facebook page.
