BSP orders banks to beef up defenses vs cyber attacks
The Bangko Sentral ng Pilipinas yesterday said the global ransomware attack over the weekend had no impact on any Philippine financial institution even as it urged all banks and nonbanks to step up their defenses. Asked if BSP-supervised financial institutions were targeted during the cyber extortion attacks, Deputy Governor Nestor A. Espenilla Jr. replied: “Targeted? …
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