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Manila The National Privacy Commission Npc Is Looking Intoa Possible Personal Data Breach Involving Unauthorized Transactions That Siphoned Money Off Hundreds Of Bdo Unibank Depositors Ina Statement On Wednesday News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NPC probes possible data breach in BDO hacking incident

MANILA - The National Privacy Commission (NPC) is looking into a possible personal data breach involving unauthorized transactions that siphoned money off hundreds of BDO Unibank (BDO) depositors. In a statement on Wednesday, NPC Commissioner John Henry Naga said the NPC's Complaints and Investigation Division has begun an investigation as early as December 11 and has issued notices to both BDO and Unionbank to provide information, documents, evidence, or witnesses. "(The) NPC has been in constant coordination with both banks in relation to the 'sua sponte' investigation of the security incident," Naga said. The commission, he said, is also looking into BDO's "10-year-old system" and whether sufficient "technical, organizational, and physical safeguards" were in place. "Apart from requiring additional evidence and information, the NPC has ordered BDO and Unionbank to appear for a clarificatory conference, on Jan. 4, 2022, to verify and

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