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Friday, November 22, 2024

CIC to host webinar on data privacy

State-owned Credit Information Corp., in partnership with the National Privacy Commission (NPC), will host a webinar on protecting data privacy and credit standing on May 31, 2024.

The webinar, coinciding with the celebration of the Privacy Awareness Week (PAW), will tackle how borrowers can secure their personal and sensitive information online to protect their data from fraud and identity theft. It will also discuss borrowers’ rights under Republic Act 9510 or the Credit Information System Act of 2008 and RA 10173 or the Data Privacy Act of 2012.

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“An individual’s primary line of defense against fraud and identity theft is awareness. By recognizing red flags online, borrowers can be more proactive against potential phishing and other scams,” said CIC president and chief executive Ben Joshua Baltazar.

“We highly encourage borrowers to be cautious in transacting online especially in giving out their personal information and copy of government IDs. We urge everyone to regularly check their CIC Credit Reports to see if there are any unauthorized loan applications under their name or unrecognized transactions with their credit cards,” he said.

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