Group of banks launch anti-scam campaign to promote cybersecurity

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As more people transact digitally, cybercrimes such as phishing, fraud, and identity theft have become more rampant. Because of this, the Bankers Association of the Philippines (BAP) launched its Anti-Scam Campaign, an information campaign that aims to promote cybersecurity, cybersafety, and awareness among the Filipino banking public.

The launch is in line with the commemoration of the International Fraud Awareness Week, which highlights the importance of cybersecurity and cyber education.

The BAP is partnering with various stakeholders, such as social media influencers, government agencies, and the media, in its wide-ranging efforts to promote cybersecurity awareness throughout the Philippines.

The BAP signed a Memorandum of Understanding (MOU) with the Kapisanan ng mga Brodkaster ng Pilipinas (KBP) to help disseminate information on cybersecurity and data protection.

An MOU signing with the Department of Justice (DOJ) will also take place, with the partnership aiming to train cybercrime enforcers and prosecutors in holding cybercriminals accountable for cyber-related crimes such as money mules and phishing.

Meanwhile, in an interview on One News, vice chairperson of BAP cybersecurity committee Ramon Jocson said they are pushing for the mandatory registration of mobile phones to avoid cybercrimes such as fraud and identity theft.

Jocson, who is also the executive vice president and chief operating officer of Bank of the Philippine Islands, said that they still have a lot of anonymous devices in the system, and it is “very hard to track them” in case of fraud.

BAP is also expressing support for the government’s national identification (ID) system. “If both of [those] are established, at least you’re assured that everybody participating in [the] system is a trusted entity.”

The Bank Marketing Association of the Philippines (BMAP) will be the official partner in unifying the execution of the Anti-Scam campaign on social media by BAP’s member-banks.

In addition, the BAP launched the BAP #Cybersafe Facebook page on November 14. This aims to raise awareness on cybersecurity by urging the public to stay vigilant against various types of cyberattacks.

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