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Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023

The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

PH army’s new cyber defense group questioned over potential use for attacks

In 2018, several websites of progressive organizations and media outfits became victims of relentless DDoS attacks.  A probe by Sweden-based Qurium Media Foundation revealed that the attacks came from the Philippine Army, including activities linked to the Chief of Staff for Intelligence of the Philippine Army. The post PH army’s new cyber defense group questioned over potential use for attacks appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Retired SC Justice Carpio on ChaCha: “it’s a fraud … we have to oppose this”

DAVAO CITY (MindaNews / 26 February) – The aim of those who want to change the 1987 Constitution is political rather than economic and this “fraud” must be exposed in various fora and in campuses, retired Supreme Court Senior Associate Justice Antonio Carpio said on Sunday. “It’s a fraud. That’s why we have to oppose […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation

Bulatlat maintains that these so-called “cyber security” efforts could mean online surveillance, distributed denial of service (DDOS) attacks, “fake news” and other forms of attacks aimed to suppress freedom of the press and of expression, as well as the people’s right to information. This issue was brought to the attention of the UN Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression Irene Khan who will hold her official country visit next week. The post STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

BPI unit targets to onboard more wealthy clients

The wealth management arm of Ayala-led Bank of the Philippine Islands (BPI) aims to onboard more clients with high to ultra-high net worth by the end of the year......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Metrobank Makes Achieving Your Home Goals Easier With Its Free Appraisal Fee Promo!

This February, Metrobank is again making it easier for Filipinos to achieve their dream home as it brings back its free appraisal fee promo – giving clients up to PHP 5,500 in savings on their home loan. From February 1 to March 29, 2024, qualified clients who will submit a complete home loan application to […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

Looking ahead versus looking behind

Most of my clients did very well last year and are so bullish they see this year as another good one. A few clients of mine did not hit targets, and as they enter the new year, they are still fighting off the feeling of disappointment they had. Though this is business, there is another term for it, and it is called “life!”.....»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

BDO feted at Retail Banker International Asia Trailblazer Awards 2024

BDO feted at Retail Banker International Asia Trailblazer Awards 2024.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

BDO funds 28 green projects from P52.7 billion bond proceeds

Around 28 green projects benefitted from the first ASEAN sustainability bond issuance of BDO Unibank Inc. in January 2022, bolstering the bank’s sustainability commitment......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

BDO funds projects to address water crisis

Three major projects that address water scarcity and preserve clean water resources benefited from a $100-million blue bond issuance of BDO Unibank Inc......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

BDO profit hits record P73.4 billion in 2023

BDO Unibank Inc. grew its earnings by 28.5 percent to hit an all-time high of P73.41 billion in 2023, driven by strong growth across its core businesses......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

[Vantage Point] BDO lifts NAIA rehab

Transportation Secretary Jaime Bautista says BDO chairperson Teresita Tan Sy-Coson's generous guarantee has given his department comfort that the winning bidder will not lack the needed wherewithal to pursue the project.....»»

Category: newsSource:  rapplerRelated NewsFeb 17th, 2024

Every first Tuesday is Kabayan Day at SM malls

BDO Remit, the remittance service brand of BDO Unibank, in partnership with SM, unveils Kabayan Day, an exclusive year-round promo for overseas Filipinos and their families......»»

Category: financeSource:  philstarRelated NewsFeb 1st, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

BDO raises record P63 billion from bond offer

BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

BDO shortens second Asean sustainability bond offer period

BDO shortens second Asean sustainability bond offer period.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Get inspired by these two balikbayans honored by BDO

BDO celebrated the heartwarming stories of two inspiring balikbayans during its cherished tradition of Pamaskong Handog during the holidays......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

BDO to raise P5 billion via sustainability bonds

BDO Unibank Inc. is raising at least P5 billion as it returned to the domestic debt market via the issuance of peso-denominated fixed-rate sustainability bonds......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024