Grab Philippines said Monday it teamed up with the Department of Information and Communications Technology to protect app users from cybercrime.
Grab Philippines public affairs head Sherielysse Bonifacio said the “public-private sector collaboration is an integral component of efforts to fight digital crime, which is why Grab is working with agencies such as the DICT to ensure the security of our platform.”
“With e-commerce in the country estimated at half a trillion pesos last year, and it being projected to hit a trillion pesos by 2026, it is imperative for the private sector to be proactive in efforts to protect Filipino consumers who are doing more and more of their transactions online,” she said.
Grab Philippines country head Grace Vera Cruz said that her company is committed to ensuring the safety and security of its platform users.
“ The real and growing threat of cyberattacks on platforms, such as phishing and identity theft leading to fraudulent transactions on e-wallets,”’she said. DICT Secretary Ivan John Uy said the country should harness the power of technology while ensuring the safety and security of its digital future.
