Further cementing its long-standing commitment to provide Filipinos with secure and safe digital financial services, the Cybercrime Investigation and Coordination Center (CICC) has signed an agreement with the country’s number one finance app, GCash, to intensify its campaign against online fraud and scams.
Under the agreement, GCash will continue to collaborate with CICC, leverage their capabilities, synergize efforts in combating cybercrime activities, and improve cyber capabilities and resilience while accelerating digitization initiatives in line with its vision of “Finance for All.”.
The MOA signing ceremony was graced by Department of Information and Communications Technology (DICT) Secretary Ivan John Uy, who emphasized that the CICC, which is an agency under the DICT, and GCash will synergize their strengths to become “futurists” that will work together to protect Filipinos by preempting the activities of cybercriminals.
The partnership between the CICC and GCash, he said, is “a strong signal to the whole community and to cyber criminals that we are not sitting back, that we will be aggressive in securing the money that the public has entrusted to us, and that we will actively, diligently, and relentlessly run after cybercriminals, whoever they may be, and bring them to justice.”
Joining Sec. Uy in signing the agreement were CICC Undersecretary Alexander Ramos and Retired Supreme Court Justice Andres Reyes, Jr., GCash Head of New Businesses, Corporate Affairs, and Sustainability Winsley Bangit, GCash Chief Legal Officer Atty. Maria Corazon Alvarez-Adriano and GCash Legal Head Atty. Gilbert A. Escoto.
Through its continuous cooperation with authorities, GCash has blocked over 4 million fraudulent accounts and taken down 810 phishing sites and 45,000 malicious social media posts and accounts in 2023.
For more information, please visit www.gcash.com.
