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THE National Privacy Commission (NPC) is investigating a potential data breach involving 3.3 million users of online lending platform Cashalo, a joint venture between JG Summit Holdings subsidiary Express Holdings, Inc. and Hong Kong-based Oriente.

Cybersecurity consultant Cyble reported that a seller known as “creepxploit” tried to sell data containing names, e-mails, phone numbers, and device…

As the need for digital transformation becomes a necessity more than a luxury, ministers from other countries took part at the Connected for Shared Prosperity forum yesterday February 22, 2021, which was hosted by Huawei, GSMA, the Center for Environmental Economic Studies at Fudan University, and The Paper with the support of UNESCO as part…

The Philippine Digital Asset Exchange (PDAX) platform is now fully functional after conducting a systems maintenance check following a surge in cryptocurrency trading last week. PDAX has reactivated the users’ capabilities of cashing in and out in a trade and the buying and selling of cryptocurrencies. 

While a small portion of the user base 0.2% remains…

THE HOUSE of Representatives is open to the banking industry’s request for a “safe harbor” clause in the proposed amendments to the Bank Secrecy Law.

Quirino Rep. Junie E. Cua, chair of the House Committee on Banks and Financial Intermediaries, said the request by the Bankers Association of the Philippines (BAP) is “well taken,” noting the…

MOVES BY THE central bank to tighten regulations for virtual asset service providers will help increase consumer confidence so the local cryptocurrency market can grow further, an industry player said.

“I actually do think that one of the things that perhaps may have inspired mistrust in the cryptocurrency market to begin with is the lack of…