Data Privacy Act (RA 10173)
Philippines' GDPR-equivalent; National Privacy Commission is supervisory authority.
National Privacy Commission
East Asia & Pacific · GDP rank #28
Philippines
PH · PHP @ 0.0162/USD
Tab 06
Fraud & security
Headline fraud totals and typology splits, the rollout of EMV chip, tokenisation, 3DS and biometrics, and the controlling data-protection and payments statutes.
APP fraud wave on GCash/Maya persists; BSP's Financial Products and Services Consumer Protection Act (FPCPA, RA 11765) provides the restitution framework. SIM registration (2023) has materially reduced scam-text vector but not eliminated it.
Reported payment fraud · 2024
5.4B PHP▲ +28% vs prior year
Card-not-present share
78%
3DS adoption on CNP
88%
Trend lines
What's growing fastest
Where a full typology breakdown is not published, the authorities typically disclose year-on-year growth in specific scam categories. Authorised push-payment (APP) scams and account-takeover fraud are the canonical “wallet era” concerns in most markets.
- Card-not-present share78%
- APP scam growth YoY+56%
- Account takeover growth YoY+32%
Controlling regulation
Financial Products and Services Consumer Protection Act (RA 11765)
Effective July 2022; BSP has expanded supervisory power to mandate restitution in fraud cases.
Bangko Sentral ng Pilipinas (BSP)