Sen. Poe: BSP Must Publicize Sanctions to BDO, UnionBank
The senator added that bank depositors expect full accountability and recompense for damages and losses incurred.
BSP to Impose Sanctions on BDO and UnionBank over 2021 Hacking Incident
UnionBank also added that “there were no monetary penalties” and that all the recommendations of the BSP to avoid similar incidents had been implemented.