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BPI, DOJ partner to fight cybercrime | #cybercrime | #computerhacker

Ayala-led Bank of the Philippine Islands (BPI) said it is collaborating with the Department of Justice – Office of Cybercrime on a “transformative journey” by conducting two cybercrime investigation trainings for prosecutors.

The initiative started last Oct.11-12 in Paringao, Bauang, La Union while the second leg was on Dec. 5-6 at the Development Academy of the Philippines in Tagaytay. These training sessions signify the inception of a crucial initiative aimed at combating financial cybercrimes, said BPI.

“There has been progress in building collaboration between the government and the private sector. The most important among these are information sharing and awareness campaigns that seek to strengthen law enforcement against cybercrime,” said Jonathan John Paz, BPI Data Protection Officer and Enterprise Information Security Officer.

The training with the DOJ-OOC “serves as one of the driving forces to sustain a whole-of-nation approach in combating cybercrimes (and) through this collaboration, BPI seeks to introduce and enhance participants’ understanding of financial cybercrime, including its facilitators, suppression, deterrence, and avenues for improving justice administration.”

BPI also said that the recent trainings “focused on imparting essential knowledge and skills related to legal instruments on cybercrime and electronic evidence.”

“BPI recognizes the imperative of a unified effort and ongoing partnership with government agencies to bolster cybersecurity. Acknowledging that the private sector alone cannot address this challenge, BPI emphasizes the need for collaborative efforts to create an enabling regulatory environment for digital finance,” said the bank.

BPI added that “trengthening partnerships with relevant government agencies is seen as pivotal, ensuring that cybersecurity becomes a shared responsibility rather than a mere checkbox requirement.” 


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