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MANILA - Finance Secretary Carlos Dominguez III has directed the country's main revenue-generating agencies - the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC) - to further fortify their respective systems against hacking and other cyber threats as he expressed concern over the increasing number of scams perpetrated online against financial consumers. "Please make sure that your cybersecurity measures are up to date and effective against all sorts of threats," Dominguez told the two agencies during a recent Department of Finance (DOF) Executive Committee (Execom) meeting. Dominguez recalled that the recent hacking incident involving BDO Unibank and the Union Bank of the Philippines (UnionBank) and the complaints of several teachers about losing money from their accounts in the Land Bank of the Philippines (LandBank) as proof of the rise in cyber attacks as more and more Filipinos resort to online transactions to avoid face-to-face interactions amid the

Government service insurance systemAntonette tionkoCommittee execomBureau of internal revenueUnited coconut planter bankPhilippine deposit insurance corpRevenue operations groupLand bankDevelopment bankBureau of customsDepartment of financePhilippine health insurance corpInsurance commissionBureau of the treasury btrUnion bankSecretary carlos dominguez