Sen. Chiz Escudero, chair of the Senate Committee on Banks, Financial Institutions and Currencies (photo below), shows a sample of a skimming device similar to automated teller machine (ATM) keypad during a Senate inquiry into the glitches that affected the Bank of the Philippine Islands (BPI) and Banco De Oro (BDO) this month.
At the hearing, top BPI official Ramon Jocson disclosed that human error caused the bog down and that the person responsible for it has been reassigned to another division and all access rights revoked. — Senate photo
