Wednesday 14 November 2018
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inquirer - 1 month ago

PH banks build up defense vs cybercriminals

As the Philippines emerges as a hotbed of online gaming firms, it has also become an attractive target for international cybercriminals, challenging banks to invest in stronger firewall and IT risk management systems. With the boom in Philippine offshore gaming operators, or Pogos, banks that have bagged some of these Pogo accounts have likewise observed an increase in phishing or cyber-probing if not outright cyberattacks, Union Bank special assistant to the president Genaro Lapez said in an interview wit

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