SENATOR Grace S. Poe raised an alert last Tuesday amid reports indicating an uptick in recent attempts to hack bank deposits through the Internet. This as Poe, who chairs the Senate Committee on Banks and Financial Institutions, reminded concerned authorities that more people turning to online transactions in the midst…
The Bangko Sentral ng Pilipinas (BSP) has formed a seven-person Open Finance Oversight Committee Transition Group (OFOC-TG) as the interim governing body to lead the establishment of an open finance ecosystem in the country.
Bangko Sentral ng Pilipinas BSP Governor Benjamin E. Diokno, who signe
BDO Unibank Inc. said clients whose accounts were hacked on the weekend of Dec. 11-12 will be reimbursed to keep its “good customer relationship” even if the SM Group bank “is not legally liable.”
54657 “Liability clause is a regular compliance in the banking industry. This has been part of the
BDO: Liability clause unchanged - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Several banks and non-banks may have been used to transfer the stolen cash from BDO Unibank Inc. when its cybersecurity system was hacked last weekend, based on the initial investigation of the Bangko Sentral ng Pilipinas (BSP). The BSP did not identify the other banks involved in the BDO hacki