NPC recommends filing of criminal complaint against online lending firm
NPC recommends filing of criminal complaint against online lending firm Share on email In what is believed to be the first case of a local firm found violating the data privacy law, the National Privacy Commission (NPC) has recommended the criminal prosecution of Fynamics Lending Inc., the operator of the PondoPeso online lending application that was the subject of numerous data privacy complaints. In a 40-page decision, the NPC determined the liability of Fynamics Lending Inc. and its board of directors, as responsible officers, for violation of Section 25 (Unauthorized Processing of Persona...
Source: newsbytes.ph