GCash assured users that no data breach occurred after reports surfaced of alleged user information being sold on the dark web, as the National Privacy Commission begins its probe.
The National Privacy Commission has ordered Worldcoin’s tools and iris-scanning tech out of the Philippines for allegedly violating the Data Privacy Act.
The National Privacy Commission initially cautioned Filipinos against iris scanning for cryptocurrency, stating it does not authorize such data collection.
The NPC said in an email to BitPins that it does not approve, or clear activities related to personal data processing but provides Certificates and Seals of Registration.
The recent investigation by the National Privacy Commission has confirmed that the GCash security breach was caused by phishing attacks.
The DICT and the National Privacy Commission confirmed that they are currently conducting separate investigations into the GCash fiasco.
The lending apps are now being probed for their alleged unauthorized and “excessive” use of borrowers’ personal data.
