The National Privacy Commission said that it signed an agreement with the Philippines’ three leading telecommunications companies to forming a joint task force aimed at ensuring protection of personal data. | AldenMonzonINQ /PDI
“By working together in this common endeavor, we can effectively promote the significance of ensuring that personal data is safe and secured and the consequences of failing to do so,” he added.
The privacy commissioner added that the initiative is crucial amid the increasing instances of data breaches and cyberthreats that pose a significant risk to data privacy and security., backed by Globe Telecom, complained on social media about unauthorized deductions from their accounts in the GCash platform, putting into question the security of the financial platform which is widely used in the country.
The company said there was no hacking but assured its clients that their account balances had been restored. Later the same day, the National Bureau of Investigation and the Philippine National Police announced they had arrested an online scammer with the help of one of the victims. There has been no explanation from the National Telecommunications Commission, the regulator of telcos in the country, on what really happened.A Globe official had told the Inquirer that the aggregate amount of suspicious transactions was initially estimated at P37 million.Subscribe to our daily newsletter
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