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UnionBank also added that “there were no monetary penalties” and that all the recommendations of the BSP to avoid similar incidents had been implemented.
The post BSP to Impose Sanctions on BDO and UnionBank over 2021 Hacking Incident appeared first on BitPinas.
BDO has denied changing its terms and conditions for online banking stating that these have long been in place.
The post BDO Denies Changing Online Banking Terms Due to ‘Nagoyo’ Scam appeared first on BitPinas.
In a statement, BDO acknowledged the "sophisticated fraud technique" and assured their account holders that they have already implemented additional security measures. Furthermore, the bank said it will reimburse their customers’ losses.
The post Crypto Community Reacted to BDO Hacking Incident appeared first on BitPinas.
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