The BSP and banking industry associations launched a new campaign to improve to cyber hygiene among financial customers.
January 6, 2023Lenders have 18 months to use the new standard form, which the BSP says will make credit more accessible to small businesses.
November 14, 2022The software will streamline and automate regulatory supervision, reporting and compliance assessment of banks’ cybersecurity risk management.
September 6, 2022BAP member banks and Globe Telecom will share data and intelligence to help counter cybercrime and fraud threats.
August 30, 2022The BSP has vowed to intensify monitoring and surveillance of the financial industry to ensure they "remain responsive to emerging risks".
July 5, 2022The BSP said it has completed its investigation into the incident and sanctioned both BDO Unibank and UBP, but it did not specify the penalties.
May 4, 2022The DOJ and BAP will collaborate on stronger measures to combat online fraud, including to enhance enforcement and prosecution of cybercriminals.
February 7, 2022The MoU aims to formalise the establishment of a collective, coordinated, and strategic cyber response within the banking industry.
January 4, 2022Some 700 customers of BDO Unibank have suffered losses due to a hack. The BSP said it will ensure remedial measures are undertaken.
December 16, 2021Banks have to integrate environmental and social risk in their risk management frameworks and when defining their credit strategy.
October 31, 2021