$25M deepfake heist exposes gaps in global ID verification
iProov, a global leader in biometric identity verification, has identified a newly active cybercriminal group codenamed “Grey Nickel” targeting the financial sector through sophisticated, AI-powered attacks designed to bypass digital identity verification systems.
Banks boost cybersecurity amid digital threats
Banks across the Philippines are significantly increasing their technology investments, with a strong focus on cybersecurity infrastructure and operational efficiency.
Mitsubishi deepens PH roots with P18-B investment pledge
Mitsubishi Motors Philippines Corp. (MMPC) has reiterated its commitment to the Philippine automotive sector and overall economic development during a meeting with the Board of Investments (BOI), led by executive director Corazon Halili-Dichosa.
BPI lists P40B SINAG bonds on PDEx
The Bank of the Philippine Islands, the country’s third largest lender by assets, has listed its P40 billion Supporting Inclusion, Nature, and Growth (SINAG)...
DITO CME capital deficit widens amid network rollout
DITO CME Holdings Corp., the telecommunications venture of Davao-based businessman Dennis Uy, said its capital deficiency widened to P78.04 billion at the end of March from P73.39 billion at the end of 2024 as losses continue to mount.
