Scammed? GCash, DICT partner for faster response | ABS-CBN
ADVERTISEMENT

Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Scammed? GCash, DICT partner for faster response
Scammed? GCash, DICT partner for faster response
MANILA -- GCash said it will set up a rapid incident response mechanism against fraud and other cybercrimes on the platform.
MANILA -- GCash said it will set up a rapid incident response mechanism against fraud and other cybercrimes on the platform.
This comes after GCash signed a Memorandum of Understanding with the Department of Information and Communications Technology's Cybercrime Investigation and Coordinating Center (CICC).
This comes after GCash signed a Memorandum of Understanding with the Department of Information and Communications Technology's Cybercrime Investigation and Coordinating Center (CICC).
"The collaboration puts together [a] rapid incident response mechanism so the public can be protected in time," said DICT Secretary Ivan John Uy.
"The collaboration puts together [a] rapid incident response mechanism so the public can be protected in time," said DICT Secretary Ivan John Uy.
Uy said that there were instances when the response to victims of online fraud took two weeks because of a lack of coordination.
Uy said that there were instances when the response to victims of online fraud took two weeks because of a lack of coordination.
ADVERTISEMENT
"We are taking preemptive action today. If it's immediately reported to our hotline, our investigators will alert GCash and we will pay attention," Uy said.
"We are taking preemptive action today. If it's immediately reported to our hotline, our investigators will alert GCash and we will pay attention," Uy said.
GCash said it still aims to respond to fraud in real-time, but it would be on a case-to-case basis.
GCash said it still aims to respond to fraud in real-time, but it would be on a case-to-case basis.
Both the CICC and GCash said they have been working with the mechanism for a year.
Both the CICC and GCash said they have been working with the mechanism for a year.
"It's all about data protection and data privacy, and it needs to be multisectoral and multifactor. We need to start first with awareness," said Winsley Royce Bangit, GCash's Head of New Businesses, Corporate Affairs, and Sustainability.
"It's all about data protection and data privacy, and it needs to be multisectoral and multifactor. We need to start first with awareness," said Winsley Royce Bangit, GCash's Head of New Businesses, Corporate Affairs, and Sustainability.
PUBLIC ADVISED AGAINST GOING ON SOCIAL MEDIA
The CICC advised victims of online fraud to report problems to the agency and other concerned entities, instead of resorting to social media.
The CICC advised victims of online fraud to report problems to the agency and other concerned entities, instead of resorting to social media.
ADVERTISEMENT
"[The] problem is the people are not reporting. They report on social media. They have to report to the government so we can create the right policies," said CICC Usec Alexander Ramos CICC.
"[The] problem is the people are not reporting. They report on social media. They have to report to the government so we can create the right policies," said CICC Usec Alexander Ramos CICC.
"To get your money back, you don't go to social media. You go to GCash. Can you get your money back? Report!" he added.
"To get your money back, you don't go to social media. You go to GCash. Can you get your money back? Report!" he added.
Uy said the MOU is a move towards protecting the public and their money in their digital wallets.
Uy said the MOU is a move towards protecting the public and their money in their digital wallets.
"The efforts being done with CICC in partnering with the private sector is a strong signal to the whole community and cyber criminals that we are not sitting back and being willing victims," Uy said.
"The efforts being done with CICC in partnering with the private sector is a strong signal to the whole community and cyber criminals that we are not sitting back and being willing victims," Uy said.
"We will be aggressive in securing the money the public has entrusted us," he added.
"We will be aggressive in securing the money the public has entrusted us," he added.
ADVERTISEMENT
Bangit said 94 million Filipinos have used Gcash and that 6 million merchants are transacting on the platform.
Bangit said 94 million Filipinos have used Gcash and that 6 million merchants are transacting on the platform.
"We have made trust and security as our number 1 priority," he said.
"We have made trust and security as our number 1 priority," he said.
ADVERTISEMENT
ADVERTISEMENT