Financial regulators to have more powers vs. cyber threats: solon
(File photo) MANILA - A measure granting the government more power to combat phishing and other online scams is awaiting President Rodrigo Duterte's signature as the country sees an alarming rise in cyber threats, a lawmaker said Saturday. Camarines Sur Rep. Luis Raymund Villafuerte said the expected signing into law of a bill enhancing financial consumer protection "couldn't have come at a more appropriate time than now" when the Philippines placed fourth in Kaspersky's 2021 global ranking of countries most targeted by web threats. He said the measure aims to empower the...