Brankas, Southeast Asia's leading Open Finance technology company, announced the close of its US$20m Series B investment round led by Insignia Ventures Partners with participation from existing investors Beenext and Integra Partners. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies, expand its product menu
CYBERCRIMINALS are again on the loose. These felons lurking on the web recently mounted another series of attacks this time victimizing several customers of a leading bank, who posted on social media that their accounts were hacked. Such alarming event clearly shows that even well-established organizations like Domestic Systemically Important Banks…
The recent alarming developments and incidents are showing that even the formidable, long-established companies like Domestic Systemically Important Banks (DSIBs) are not exempt from hacking and data breaches which can cost tremendous financial loss and reputational damage to these organizations.
The increasing cases of hacking and cybercrimes launched against some of the Philippines' leading institutions require no less than a collective cyber defense. Financial institutions, banks, fintech, and other members of the private sector must band together and collaborate to protect their systems