The warning comes after when 2 of local exporters from Cebu and Pampanga became victims of the hackers.
Cyber criminals reportedly hijack email accounts of the exporters then used a new one to divert transactions of the exporters with their foreign buyers in their favor, particularly to collect payments for shipments.
Hackers then tricked foreign buyers to deposit payments into another local bank account, of course that is not owned by the real exporters.
Philexport advised its members to be cautious enough in the security of their web accounts while it notifies proper authorities.