GCash: No proof of hacking amid alleged data breach
GCash, the country's top e-wallet, said that the accounts of its millions of users "remain safe and secure" following reports on an alleged data breach.
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| File photo: GCash app |
GCash accounts are "safe"
In a statement, the company said that initial findings showed no proof of a data breach in its system.
This has no impact on customer funds and their accounts remain safe and secure, GCash said
GCash said it was cooperating with local authorities amid the series of hacking attempts made against government agencies and other corporations.
It also urged its users to protect their data and regularly update their passwords and MPIN.
GCash currently has over 80 million users.
Last week, cybersecurity group Deep Web Konek said that threat actor KryptonZombie targeted the know-your-customer (KYC) system of GCash. KYC verifies the account user’s identity to ensure GCash will not be used for fraud, money laundering, and other illegal acts.
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