Erbosa Said Dbp And Cicc Would Collaborate In Institutionalizing Cyber Policies To Pave The Way For Adaptation Of Needed Technologies Protect 39s Data News Today : Breaking News, Live Updates & Top Stories | Vimarsana
MANILA - State-owned Development Bank of the Philippines (DBP) has signed a memorandum of agreement with the Cybercrime Investigation and Coordinating Center (CICC) to further strengthen the bank against potential cybersecurity threats and boost its capacity to defend critical system infrastructure, a top official said. DBP president and chief executive officer Emmanuel Herbosa said CICC would be providing the necessary technical expertise and assistance to DBP in crafting the bank's cybersecurity plan and ensure its alignment with globally-accepted standards and protocols of the national cybersecurity plan. "DBP acknowledges that investing in cybersecurity is not only a crucial concern, but also indispensable to protect the stakeholder data and information stored in our system," Herbosa said. DBP is the fifth largest bank in the country in terms of assets and has a branch network of 131 branches and 12 branch-lite units. It provides credit support to four strategic secto