BSP On Top Of Banking Social Media Complaints

The Bangko Sentral ng Pilipinas (BSP) today said that is on top of the situation regarding posts in social media about complaints regarding incidents involving the banking system.

Photo Insert: Being at the center of the controversy, BDO Unibank has since advised its clients to change their passwords and undertake heightened precautionary measures against account breeches.

"The BSP has been monitoring the surge in complaints posted on social media platforms since the early part of this week, " it said.

"We are in close coordination with BDO as well as UBP on this incident to ensure that remedial measures are being undertaken, including reimbursement of affected consumers, it added.

The BSP also assured that we continue to collaborate and engage stakeholders to ensure the safety and integrity of the financial system as well as the protection of financial consumers.

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