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Digital SOS - a comprehensive plan to combat cyber incidents

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: financial stability, technology, ai and cyber risk

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiDigital SOS - a comprehensive plan to combat cyber incidents

ContextSpeech in Manila at the launch of the Financial Services Cyber Resilience Plan 2025-2029; Bangko Sentral ng Pilipinas keeps the financial system sound and faces rising cyber attacks.

Why it mattersThe Philippine central bank launches a five-year cyber resilience plan for finance.

Problems raised
  1. Digital transformation brings cyber threats.
  2. Financial systems are exposed.
  3. Defences are insufficient.
Solutions proposed
  1. Launch the 2025-2029 cyber resilience plan.
  2. Fortify defences.
  3. Act collectively.
Read full speech on bis.org ↗

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