The National Bureau of Investigation (NBI) isn’t keen on pursuing the inside job angle in the hacking incident that victimized around 700 BDO Unibank depositors.

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“Sa experience namin atsaka at the same time dun sa behavior ng incident, kung paano nila in-execute, we are not inclined to believe na may insider — kasi hindi na rin kailangan e,” Vic Lorenzo, chief of NBI’s cybercrime division, told DzBB.

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He said login information of affected clients were likely stolen through phishing, or obtained through fake text messages or emails to harvest their personal data to gain access to online accounts.

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“Tinitignan namin yung mga na-compromise na account… nakikita namin in all probability parang na-phish pa rin,” Lorenzo added.

Anong phishing? IT expert Art Samaniego claims BDO’s 10-year old cyber security ‘compromised’ by criminals

BDO earlier admitted that the breach likely stemmed from a 10-year-old web service that it was about to phase out. It has committed to reimburse affected depositors.

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Aboitiz-owned Union Bank of the Philippines has said there were at least six suspects behind the scam, which used newly-opened online bank accounts under the name Mark Nagoyo to receive the stolen funds from BDO clients which range from P30,000 to P50,000.

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The post ‘Phishing’ more likely: NBI rules out inside job in BDO ‘Nagoyo’ scam first appeared on Bilyonaryo Business News.



‘Phishing’ more likely: NBI rules out inside job in BDO ‘Nagoyo’ scam
Source: Filipino Daily Inquirer