May 20, 2026
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Filipinos Face Widespread Digital Fraud Exposure Despite Lower Financial Losses, TransUnion Finds

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A TransUnion report shows that while digital fraud is widespread in the Philippines, individual financial losses remain relatively low.

A TransUnion report shows that while digital fraud is widespread in the Philippines, individual financial losses remain relatively low.

An analysis by TransUnion, a private credit bureau, found that the suspected digital fraud rate in the Philippines was 4.1% in 2025, exceeding the global level of 3.8% for the sixth consecutive year. 

Fraud in the Philippines is driven more by scale than severity, according to Yogesh Daware, chief commercial officer at TransUnion Philippines.

“While a significant proportion of Filipino consumers report being targeted through online, email, phone call, or text messaging fraud attempts, the typical financial loss per incident is relatively lower compared to other markets,” he said in a May 20 press statement.

Although more than one-third (38%) of Filipino consumers lost money from digital fraud in 2025, consumer-reported financial losses remained comparatively lower, the company’s H1 2026 Top Fraud Trends Report found.

The median reported fraud loss last year was $850 (about P50,000, based on the December 29, 2205 exchange rate). This is below the global median of $1,671 (about P98,000).

The landscape may be characterized as more frequent, lower-value scams, Daware said, but “the breadth and frequency of these incidents make digital fraud a persistent concern.”

About three-quarters (72%) of surveyed Filipino consumers reported being targeted by digital fraud attempts between August and December 2025, compared with 53% worldwide.

Higher Digital Engagement Drove Greater Fraud Risk Exposure, Concentrated at the Account Login Stage

A majority (91%) of Filipinos conduct at least part of their account management activities online.

The most reported fraud schemes were phishing (fraudulent emails, websites, social posts, and QR codes designed to steal data) at 45%, smishing (fraudulent text messages intended to trick consumers into revealing information) at 38%, and third-party seller scams on legitimate online retail websites at 28%. 

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Frequently Asked Questions

The Philippines' suspected digital fraud rate stood at 4.1% in 2025, exceeding the global average of 3.8%. According to TransUnion, this marks the sixth consecutive year that the country's digital fraud rate has remained above the global level, reflecting a persistent threat landscape.

Although 38% of Filipino consumers reported losing money to digital fraud, the actual financial loss per incident was lower than the global average. The median reported loss in the Philippines was $850 (approximately P50,000), which is significantly lower than the global median loss of $1,671 (approximately P98,000).

Yogesh Daware, chief commercial officer at TransUnion Philippines, explained that while a massive 72% of surveyed Filipinos reported being targeted by scams, the financial losses per incident remained relatively low. This indicates that the local fraud landscape is defined by frequent, lower-value scams distributed across digital channels rather than isolated, high-value cases.

The fraud risk is primarily concentrated at the initial identity verification and authentication stages, specifically at the account login phase, which saw a suspected fraud rate of 6.1% (compared to 4.3% globally). This is followed by account creation at 4.5% and financial transactions at 1.1%.

The most prevalent fraud tactics reported by targeted Filipinos are phishing (fraudulent emails, websites, or QR codes designed to steal credentials) at 45%. This is closely followed by smishing (fraudulent text messages) at 38% and third-party seller scams on legitimate online retail sites at 28%.

Patricia Mirasol

Patricia Mirasol

Managing Editor

Patricia Mirasol has spent the better part of a decade telling stories that matter, and building the teams and platforms to tell them well. A former multimedia journalist and producer at BusinessWorld — where she covered health, technology, and MSMEs and eventually co-led the online team — she's now managing editor at the refreshed The Business Manual.

Her work has been recognized by the Philippine Space Agency, the Philippine Press Institute, and the Department of Science and Technology, and spans articles, podcasts, videos, and immersive long-form features on topics close to everyday Filipino life: motorcycle taxis, water systems, and beyond.

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