cybercrime

The Cybercrime Investigation and Coordinating Center (CICC) said the Digital Forensics Platform and Laboratory (DFPAL) will serve as an important tool of the government’s fight against the rising cybercrimes, especially Online Sexual Abuse and Exploitation of Children (OSAEC).

The combined forces of the SEC Enforcement and Investor Protection Department (EIPD) and PNP’s Anti-Cybercrime Group (ACG) arrested the officers of Decentra while in the act of soliciting investments from the public without the requisite license during a seminar or business presentation in a hotel in Quezon City.

The BSP said around 13 percent of the complaints involved fraudulent or unauthorized transactions of various financial products and services like deposit, credit card, electronic money, and remittance.

This year’s Decode PH drew a noticeably higher number of law enforcement personnel, particularly from the cybercrime division of the PNP.

Online crimes and threats were prevalent during the earlier days of the community quarantine but these were sufficiently addressed by local banks and other financial institutions, the Bangko Sentral ng Pilipinas (BSP) said.

Officials of the United Coconut Planters Bank (UCPB) are set to file charges against the perpetrators of the cyber theft that cost the bank some P167 million in June 2020.

A reliable source told Newsbytes.PH that former police officer Cesar Mancao has been appointed as executive director of the Cybercrime Investigation and Coordination Center (CICC).

GCash said it coordinated with NBI that led to arrest of three individuals in Quezon City after they swindled money from victims, whose identities were also stolen.

Dr. Evita P. Bondoc is one of the latest victims of a brazen form of identity theft.

To address cybercrime in the organization, the Globe official suggested that cybersecurity issues should be discussed at the boardroom level.