Philippine central bank probes account hacks

Central bank governor Benjamin Diokno said Bangko Sentral ng Pilipinas was working with the banks to address the issue and take remedial steps. (Reuters/File)
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Updated 13 December 2021
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Philippine central bank probes account hacks

  • Customers have reported losing thousands of pesos in major online banking fraud

MANILA: The central bank of the Philippines said on Sunday it was looking into a wave of complaints emerging on social media over the hacking of local bank accounts.

Customers of the country’s largest lender, BDO Unibank, have for the past few days been reporting unauthorized transactions to the Union Bank of the Philippines and abroad, as well as accounts being blocked. 

Central bank governor Benjamin Diokno said Bangko Sentral ng Pilipinas was working with the banks to address the issue and take remedial steps.

“The Bangko Sentral ng Pilipinas has been monitoring the surge in complaints posted in social media platforms since the early part of this week,” Diokno said in a statement.

“We are in close coordination with Banco De Oro (BDO) as well as Union Bank of the Philippines on this incident to ensure that remedial measures are being undertaken, including reimbursement of affected consumers.”

BDO said it was aware of a “sophisticated fraud technique” that has affected some of its clients.

FASTFACTS

•Customers of the country’s largest lender, BDO Unibank, have for the past few days been reporting unauthorized transactions to the Union Bank of the Philippines and abroad, as well as accounts being blocked. 

•The lenders have not yet estimated how much money was taken, but hundreds of users of a Facebook group created on Saturday to collect complaints over the illegal transactions have each been reporting losing thousands of pesos.

“We assure you that we have already implemented additional security controls to block further attempts and continue to protect bank credentials,” the bank said.

The lenders have not yet estimated how much money was taken, but hundreds of users of a Facebook group created on Saturday to collect complaints over the illegal transactions have each been reporting losing thousands of pesos.

Bankers Association of the Philippines President Jose Arnulfo Veloso urged the public to be more vigilant in light of the rising number of financial cybercrime incidents in the country.

“If you do not give your personal information to others, cybercriminals will never be able to steal your money,” he said. “It is not enough to just know how to avoid cybercriminals. You are our ally when it comes to stopping them from harming other people.”


Ex-CNN journalist Don Lemon pleads not guilty to Minnesota protest charges

Updated 7 sec ago
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Ex-CNN journalist Don Lemon pleads not guilty to Minnesota protest charges

  • A magistrate judge ordered Lemon released to await trial, after a night in custody following his arrest late on Thursday by the FBI

LOS ANGELES: Former CNN news anchor Don Lemon entered a not guilty plea on Friday to federal charges over his role covering a protest at a Minnesota church against President Donald Trump’s immigration crackdown, the Republican administration’s ​latest move against a critic.
Lemon, now an independent journalist, livestreamed a protest against Trump’s deployment of thousands of armed immigration agents into Democratic-governed Minnesota’s biggest cities. The protest disrupted a January 18 service at Cities Church in St. Paul.
A magistrate judge ordered Lemon released to await trial, after a night in custody following his arrest late on Thursday by the FBI.
Dressed in a cream-colored double-breasted suit, Lemon spoke only to say “yes, your honor” when asked if he understood the proceedings. One of his attorneys said that he pleaded not guilty.
“He is committed to fighting this. He’s not going anywhere,” said Lemon attorney Marilyn Bednarski.
“I have spent my entire career covering the news. I will not stop now,” Lemon told reporters after the hearing. “I will not be silenced. I look forward to my day in court.”
A grand jury indictment charged Lemon, who is Black, with conspiring to deprive others of ‌their civil rights and violating ‌a law that has been used to crack down on demonstrations at abortion clinics but ‌also ⁠forbids obstructing access ​to houses ‌of worship. Six other people who were at the protest, including another journalist, are facing the same charges.
Thousands of protesters took to the streets of Minneapolis and other US cities on Friday to denounce an immigration crackdown in which federal agents fatally shot two US citizens, sparking one of the most serious political crises Trump has faced.

PRESS ADVOCATES ALARMED
Free press advocates voiced alarm over the arrests. Actor and activist Jane Fonda went to show support for Lemon, telling journalists the president was violating the Constitution. “They arrested the wrong Don,” Fonda said.
Trump, who has castigated the protesters in Minnesota, blamed the Cities Church protest on “agitators and insurrectionists” who he said wanted to intimidate Christian worshippers.
Organizers told Lemon they focused on the church because they believed a pastor there was also a senior US Immigration and Customs ⁠Enforcement employee.
More than a week ago, the government arrested three people it said organized the protests. But the magistrate judge in St. Paul who approved those arrests ruled that, without a grand jury indictment, ‌there was not probable cause to issue arrest warrants for Lemon and several others ‍the Justice Department also wanted to prosecute.
“This unprecedented attack on the First ‍Amendment and transparent attempt to distract attention from the many crises facing this administration will not stand,” Abbe Lowell, Lemon’s lawyer, said in a statement, ‍invoking constitutional free speech protections.
In the livestream archived on his YouTube channel, Lemon can be seen meeting with and interviewing the activists before they go to the church, and later chronicling the disruption inside, interviewing congregants, protesters and a pastor, who asks Lemon and the protesters to leave.
Independent local journalist Georgia Fort and two others who had been at the church were also arrested and charged with the same crimes.
US Magistrate Judge Dulce Foster on Friday ordered Fort’s release, denying prosecutors’ request to hold ​her in custody, according to court documents.

TRUMP CRITICS TARGETED
The Justice Department over the past year has tried to prosecute a succession of Trump’s critics and perceived enemies. Its charges against former FBI Director James Comey and New York Attorney General Letitia ⁠James, who both led investigations into Trump, were thrown out by a judge.
Lemon spent 17 years at CNN, becoming one of its most recognizable personalities, and frequently criticizes Trump in his YouTube broadcasts. Lemon was fired by CNN in 2023 after making sexist on-air comments for which he later apologized.
Trump frequently lambastes journalists and news outlets, going further than his predecessors by sometimes suing them for damages or stripping them of access-granting credentials.
FBI agents with a search warrant seized laptops and other devices this month from the home of a Washington Post reporter who has covered Trump’s firing of federal workers, saying it was investigating leaks of government secrets.
Press advocates called the FBI search involving the Post reporter and the arrests of Lemon and Fort an escalation of attacks on press freedom.
“Reporting on protests isn’t a crime,” said Jameel Jaffer, executive director of Columbia University’s Knight First Amendment Institute. Jaffer called the arrests alarming, and said Trump sought “to tighten the vise around press freedom.”
Trump has said his attacks are because he is tired of “fake news” and hostile coverage.
Legal experts said they were unaware of any US precedent for journalists being arrested after the fact, or under the two laws used to charge Lemon and Fort. They include the Freedom ‌of Access to Clinic Entrances Act, a 1994 measure that prevents obstructing access to abortion clinics and places of worship.