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Friday, March 29, 2024

GCash backs data privacy protection

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Supporting the government’s drive to promote understanding of the Data Privacy Act, GCash, the Philippines’ leading mobile wallet operated by Mynt (Globe Fintech Innovations Inc.), joined the National Privacy Commission in celebrating Privacy Awareness Week on May 25 to 31. 

Gcash, in a forum with its employees, stressed the need to protect the data privacy not just of GCash customers but also of its data handlers and processors. 

Mel Migriño, chief security and privacy officer of Mynt, said the systems and processes used by GCash were aligned with the requirements of the Bangko Sentral ng Pilipinas and the Data Privacy Act of 2012. 

“GCash looks at security and privacy as key pillars that will enable and grow the business. If that is how we see security and privacy, then we want to make sure that we uphold the rights of data subjects,” she said, adding the data privacy team at GCash was constantly examining new regulations on data protection that could affect GCash users.

Dr. Rolando Lansigan, chief of the National Privacy Commission's compliance and monitoring division, highlighted the responsibility of people to protect their own data privacy.

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