June 25, 2024

A New Collaboration to Combat Online Fraud

SM Supermalls is joining forces with various public and private entities in a ground-breaking mission to reinforce consumer safeguarding in the digital domain. This initiative is aligned with the “Be WAIS at Magduda” movement which aims to combat internet fraud and scams.

The campaign officially kicked off on the 11th of May in the SM Mall of Asia Music Hall. It aims to highlight the risks of online scams and provide consumers with the necessary skillset to spot and avoid fraudulent activities.

Senior Vice President for Marketing at SM Supermalls, Joaquin San Agustin confirms the importance of the alliance. He said, “SM’s collaboration with Meta, advocacy groups and the public sector aims to make the digital environment as safe as our physical malls and spread the ‘Be WAIS’ message as a way to defend Filipinos from these digital threats.”

![Joaquin San Agustin](https://investmentshoax.com/wp-content/uploads/2024/05/2.-SM-Supermalls-Senior-Vice-President-for-Marketing-Joaquin-San-Agustin-scaled.jpg)

Global Anti-Scam Alliance and Taiwan-based tech security company Gogolook revealed in their 2023 Asia Scam Report that the Philippines has the highest rate of online shopping frauds.

This collaborative effort reflects the steadfast dedication of all involved parties to promote digital safety and protect Filipino consumers from the expanding risk of online scams.

![Department of Migrant Workers](https://investmentshoax.com/wp-content/uploads/2024/05/6.-Department-of-Migrant-Workers-DMW-Secretary-Hans-Leo-Cacdac-scaled.jpg)

![Securities and Exchange Commission](https://investmentshoax.com/wp-content/uploads/2024/05/5.-Securities-and-Exchange-Commission-SEC-Commissioner-Bryant-Fernandez-scaled.jpg)

![CitizenWatch Philippines](https://investmentshoax.com/wp-content/uploads/2024/05/8.-CitizenWatch-Philippines-Co-Lead-Convener-Kit-Belmonte-scaled.jpg)

The “Be WAIS at Magduda” drive fosters cautionary practices and critical thinking, recommending Filipinos to be meticulous and aware during their online transactions. Through coordinated actions and robust collaborations, SM Supermalls contributes to reshaping the landscape of digital shopping, envisioning a safer and reliable online ecosystem for every consumer.

Discover more about SM Supermalls’ advocacy and partnerships for consumer protection and welfare at [www.smsupermalls.com](http://www.smsupermalls.com) or follow @SMSupermalls on social media.

Frequently Asked Questions

What is the “Be WAIS at Magduda” campaign?

This campaign is a combined movement by SM Supermalls, public agencies, and private sectors that aims to educate the public about online scams and frauds. The campaign encourages Filipinos to be cautious when conducting online transactions.

What was the purpose of the launch event at SM Mall of Asia Music Hall?

The event marked the commencement of a collaborative effort to raise awareness of the dangers of online fraud and equip consumers with the knowledge and tools to identify and avoid these common scams.

Where can I learn more about SM Supermalls’ initiatives?

For more information about SM Supermalls’ efforts and collaborations in consumer protection, visit their official website [www.smsupermalls.com](http://www.smsupermalls.com) or follow their updates on social media (@SMSupermalls).