With the rise of criminal activities conducted through mobile devices, it is important to know how to register your SIM and help protect your business from fraud and cybercrimes.
The Philippine government has recently passed RA 11934 or the SIM Registration Act that mandates all mobile subscribers to register their respective SIMs. This will allow law enforcers to trace specific SIMs to the corresponding end user, helping fight fraudulent activities and cybercrimes. At the same time, this encourages accountability from the mobile subscribers with regard to how they use their SIM.
The government’s effort to strengthen the country’s cybersecurity is a welcome development for a country where bank account holders have lost roughly ₱1 billion in 2021 alone because of fraud and cybercrimes. According to a recent report by the country’s Cybercrime Investigation and Coordinating Center, Filipinos have lost millions of dollars due to text scams. The modus operandi was made popular during the pandemic, where mobile subscribers would receive text messages embedded with suspicious links that lead to malicious websites that enable cybercriminals to steal data. Other forms of smishing or getting one’s personal information for criminal activities are less complicated, with scammers simply pretending to come from a respectable institution and asking the SIM user to give personal information. This is sometimes done through voice calls that end up convincing the victim to share sensitive data such as bank account numbers and passwords.
Here are the steps you need to follow so you can register your SIM for your business.
Millions of fraudulent text messages are being blocked by local telco providers daily. Make sure to protect your business from scammers and cybercriminals by registering the SIM you use for your business. At the same time, keep your contact details up to date and your business running smoothly, by registering your SIM on time and making sure your SIM will not be deactivated.
