Landbank brushes off DICT in probe of OTP systemThe DICT’s Computer Emergency Response Team (CERT-PH) coordinated with Landbank last Jan. 27 to assist in investigating alleged unauthorized withdrawals or debit transactions. The DICT’s Computer Emergency Response Team (CERT-PH) coordinated with Landbank last Jan. 27 to assist in investigating alleged unauthorized withdrawals or debit transactions. CERT-PH intended to look into a faulty OTP system that could have allowed the recent phishing of public school teachers’ accounts and unauthorized fund transfers. The DICT said Landbank maintained that it gave its report to the BSP since the latter is the “sectoral CERT lead” of the banking sector. “In light of this issue, the proposed SIM Card Registration Act can help prevent alleged hacking, fraudulences and scams in the future.

Source: Philippine Star February 14, 2022 03:57 UTC