The reality is that impregnable cybersecurity is a myth. So far, the only way to make our data safer is to combine technology, human expertise, and general awareness.
The reality is that impregnable cybersecurity is a myth. So far, the only way to make our data safer is to combine technology, human expertise, and general awareness.
With new media and technologies that enhance the way we communicate, it's going to be a challenge that will require as much creativity as psychological insight into how we consume little stories we can remember.
In 2016, when $81 million was stolen by hackers from the Bangladesh Bank and funneled through casinos in the Philippines, BPI resolved to invest more in cybersecurity. The ambitious cybersecurity program that ensued involved an annual investment of at least P2 billion in cybersecurity improvements.
BPI enterprise services head Ramon Jocson said the process of digitalization, despite inevitable hiccups along the journey, will eventually lead to exceptional customer experience as more people gain confidence in doing online and mobile transactions.
The new BPI mobile app, which will become available in Google Play and Apple App Store on May 15, has added more built-in security features, including One-time PIN and biometric log-in.