LandBank to cooperate with NBI in probe into alleged phishing victimizing teachers

1/29/2022 7:45:00 AM

The Land Bank of the Philippines on Saturday said it welcomes the probe of the NBI into the alleged phishing scam that victimized teachers, and added it will fully cooperate in the investigation.

Landbank, Phishing

The Land Bank of the Philippines (LandBank) on Saturday said it welcomes the probe of the NBI into the alleged phishing scam that victimized teachers, and added it will fully cooperate in the investigation.

The Land Bank of the Philippines on Saturday said it welcomes the probe of the NBI into the alleged phishing scam that victimized teachers, and added it will fully cooperate in the investigation.

The Land Bank of the Philippines (LandBank) on Saturday said it welcomes the probe of the NBI into the alleged phishing scam that victimized teachers, and added it will fully cooperate in the investigation.Borromeo added the bank is also conducting its own investigation.

The DOJ hasIn a department order, Justice Secretary Menardo Guevarra also authorized Officer-in-Charge Eric Distor to file the appropriate charges against those found responsible if evidence warrants.received a number of reportsMeanwhile, GCash, operated by Globe Fintech Innovations Inc. (Mynt), on Tuesday said it is

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NBI ordered to probe phishing schemes involving teachers Land Bank accountsJustice Secretary Menardo I. Guevarra has issued an order that directed the NBI to probe the phishing schemes that have reportedly victimized teachers with deposit accounts at the Land Bank of the Philippines. READ: Nagwork ng matiwasay mga kaguruan natin tapos ginaganyan niyo. Nasaan ang hustisya! scam kawawamgaguro dapattulungan

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Published Updated January 29, 2022 12:11pm The Land Bank of the Philippines (LandBank) on Saturday said it welcomes the probe of the NBI into the alleged phishing scam that victimized teachers, and added it will fully cooperate in the investigation.Jeffrey Damicog National Bureau of Investigation (2) Justice Secretary Menardo I.The National Bureau of Investigation presented on Jan.Jeffrey Damicog National Bureau of Investigation (2) Justice Secretary Menardo I.

"The Land Bank of the Philippines (LANDBANK) is welcoming the impending investigation by the National Bureau of Investigation (NBI) on the alleged phishing schemes victimizing teachers, following a Department Order issued by the Department of Justice (DOJ) for the NBI to immediately intervene on the matter," the company said in a statement. “We will actively participate in this investigation and extend full cooperation to the NBI with the end in mind of further securing our depositors’ hard-earned money," LandBank president and CEO Cecilia Borromeo said. In Department Order No. Borromeo added the bank is also conducting its own investigation. 22. He also said the LandBank is coordinating with the Department of Education for the list of teachers reportedly victimized in the alleged scam.” The order also directed NBI Officer-in-Charge Director Eric B. "We are also reaching out to the affected teachers and conducting an internal investigation on their complaints," he said. Distor “to submit a report on the progress of the subject investigation and case build-up to the Office of the Secretary within thirty (30) days from receipt hereof, and periodically thereafter.

The DOJ has directed the NBI to conduct an investigation and case build-up on the alleged phishing schemes against teachers.” The DOJ’s Office of Cybercrime (DOJ-OOC) has described phishing, along with vishing and smishing, as “forms of cybercrimes in which the perpetrator posing as a legitimate institution, such as a bank, online payment site, or an online commerce site, devises a message through electronic, phone call, or text message” with the objective “to lure individuals into providing sensitive data, such as personally identifiable information, banking and credit card details, and usernames and passwords. Last Friday, Jan. In a department order, Justice Secretary Menardo Guevarra also authorized Officer-in-Charge Eric Distor to file the appropriate charges against those found responsible if evidence warrants. Distor was also directed to submit a report on the progress of the subject investigation and case build-up directly to the Office of the Justice Secretary within 30 days. 24, that a number of teachers with deposits at the bank have fallen victims to phishing. This came after the Teachers’ Dignity Coalition said it received a number of reports claiming that teachers lost as much as P121,000 each from their LandBank accounts. Nagoyo is Filipino slang for “duped. LandBank on Monday denied that its systems were hacked, as it clarified that the supposed unauthorized transactions by two teachers were due to phishing schemes. “According to the initial investigation by Landbank, the devices of the teachers were hacked via phishing, which compromised their personal information,” the Land Bank said. “According to the initial investigation by Landbank, the devices of the teachers were hacked via phishing, which compromised their personal information,” the Land Bank said.

Meanwhile, GCash, operated by Globe Fintech Innovations Inc. (Mynt), on Tuesday said it is of e-wallets supposedly at the receiving end of stolen money from accounts of teachers with the LandBank. It reminded depositors: “Refrain from opening suspicious emails, links and attachments, and sharing your account and personal information. The NBI is currently tracking other individuals possibly involved in the said scheme and other potential hacking activities victimizing banks, he added. Borromeo on Saturday assured the public of the security of Landbank's systems. "In the meantime, we assure our clients and the general public that LANDBANK’s systems remain stable and secured,” he said.”. Part of the security measures implemented is the use of one-time passwords (OTPs) when using the Landbank mobile banking app or iAccess, the bank said.

It then advised clients with outdated mobile numbers linked to their online banking accounts to update their contact number with Landbank. They can do this by going to the iAccess website, downloading and filling out the enrollment form, and sending the same to their branch together with a copy of a valid ID. "They may also use the self-service option found in the iAccess to update their iAccess profile," the bank said. Meanwhile, LandBank reminded the public to be vigilant against phishing scams and other forms of banking fraud. It asked the public not to open suspicious emails, links and attachments, not to share account and personal information.

LandBank advised customers to contact their branch or the customer care hotline at (02) 8-405-7000 or 1-800-10-405-7000, or via email at customercare@mail.landbank.com to report fraudulent activities.  —KG, GMA News .