Field Report - ManageEngine delves into the pressing issue of QR code usage in the Philippines: Does QR code bring convenience or cyberthreat?.

QR Codes in the Philippines: Convenience or Cyber Threat?

Are QR codes the future of payments in the Philippines, or a gateway for cybercriminals? Join us as we delve into the explosive growth of QR code usage, skyrocketing from 2.5 billion pesos in 2022 to a staggering 55 billion pesos in 2023! With the BSP promoting QR Ph as part of the Digital Payments Transformation Roadmap, we explore the convenience they offer, but also the rising cybersecurity risks.

In this episode, we speak with Onil Jaia Leyda, Technical Solutions Consultant at ManageEngine, who sheds light on the pressing issue of QR code security. We discuss:

• The incredible surge of QR code transactions in the Philippines.
• The most common QR code scams targeting Filipino users.
• How cybercriminals manipulate QR codes to steal financial information.
• Practical steps individuals and businesses can take to protect themselves.
• The potential for QR codes to fully replace cash and card transactions.

Join us for a crucial conversation on navigating the digital landscape safely and understanding the balance between convenience and security in the age of QR codes. This interview was recorded at the Cybersecphil Conference