Philippine central bank allays public fears over hacking


The Bankers Association of the Philippines reminds bank customers anew not to give their personal information, including one-time passwords, to other people to prevent cybercrime. - Reuters

MANILA (Philippine Daily Inquirer/Asia News Network) The Bangko Sentral ng Pilipinas (BSP) on Sunday (Dec 12) moved to allay public fears triggered by mounting complaints on social media of several bank accounts reportedly being hacked and funds being transferred to the cybercriminals’ fictitious accounts in another bank.

Over the past week, BSP Governor Benjamin Diokno said that monetary authorities have observed a surge in this type of consumer complaints.

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Philippines , bank , hacking

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