acegame888 CICC partners with private sector to protect online lending users
acegame888 CICC partners with private sector to protect online lending users
CICC partners with private sector to protect online borrowers and lenders. CONTRIBUTED PHOTO
MANILAacegame888, PHILIPPINES—The Cybercrime Investigation and Coordinating Center collaborated with the private sector to provide Filipinos with a safe online lending environment.
The CICC said this industry has 12 million consumers and 170 agencies, and needed to be especially secure during disasters.
That is why these two private and public officials signed a Memorandum of Agreement on October 18, 2024, at the National Cybercrime Hub in Bonifacio Global City, Taguig:
Article continues after this advertisement CICC Executive Director Alexander K. Ramos Consumer Lending Association of the Philippines Inc. (CLAP) President Francisco Roberto “Coco” DC Mauricio“It [MOA] ensures that it is an industry that will continue to grow, considering that we have a very positive outlook in our economy, especially in our digital economy,” said Ramos.
FEATURED STORIES TECHNOLOGY Galaxy Buds3 Pro: Delivering tailored sound wherever you go TECHNOLOGY Nasa astronaut remains in hospital after returning from space TECHNOLOGY Twitch Titans: Meet the Top 10 Richest Twitch Streamers“And this partnership will allow the protection of these online consumers,” he said.
Ramos said survivors of natural disasters, like severe tropical storm
Article continues after this advertisementKristine, would need emergency funds, which usually come from online lending companies.
Article continues after this advertisement“We do not want these survivors of disasters to face another disaster by being trapped by unscrupulous online lending companies,” the CICC executive director said.
Article continues after this advertisementMauricio said CLAP will work closely with CICC and other government agencies to ensure safe lending and borrowing for Filipinos.
“Not just awareness building, but we will do our best efforts as a private sector to cooperate with the government and CICC,” the CLAP president said.
Article continues after this advertisementMauricio said many consumers are vulnerable to loan sharks. They’re also vulnerable to harassment by collectors, and various forms of cybercrime, such as identity theft and phishing.
“By keeping them safe and secure, we will increase financial inclusion,” Mauricio explained.
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Ramos urged online lending consumers, who are victims of cybercrimeacegame888, to call the Inter-Agency Response Center (IARC) Hotline 1326.
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