Landbank said it is also coordinating with the Department of Education for the list of teachers who were reportedly victimized through phishing, even as the state-owned bank conducts its own investigation into their accounts.
The Land Bank of the Philippines clarified on Monday, Jan. 24, that its systems were not hacked following reports that alleged unauthorized transactions were experienced by two teachers who maintain payroll accounts with the state-owned bank.
The bill will also require banks and non-bank financial institutions not only to respond to cybercrime reports with more urgency, but also strengthen their online platforms, payment systems, and data security.
One subject area that has dropped off dramatically includes messages related to Covid-19, the report said, adding that end-users have become more savvy about scams related to that topic.
The National Privacy Commission (NPC) has also asked the National Telecommunications Commission to take down the website Pilipinas2022.ph for multiple violations of the Data Privacy Act.
BSP governor Benjamin Diokno said the common crimes committed included fraudulent card usage and unauthorized or disputed transactions due to phishing e-mails and stolen one-time password (OTP).
The National Privacy Commission revealed on Thursday night, Nov. 12, that it has issued a cease and desist order against Lisensya.info, a website that falsely claims to be associated with the Land Transportation Office.
Phishing scammers took advantage of what appeared to be a major blunder by well-known cosplayer and online personality Alodia Gosiengfiao after she asked her legion of fans to post their email addresses in order to join a livestream game.
