Still in the shadow of a mess involving unauthorized deductions in its users’ account balances, digital payments app GCash said it “stepped up” its efforts in assisting the government’s crackdown on online scammers. | BPinlacINQ
“The victim reported the incident to the authorities and informed the investigators that, to entrap the suspect, she used the Facebook account of her friend to purchase an iPhone from the suspect who agreed to a meetup,” it said.
On blocking more than 900,000 “fishy” accounts, GCash said they are “believed to be behind anomalous transactions consummated by the suspects with their victims on social media and digital storefronts.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GCash foils P37-M hack try; seized funds to be returned to usersGCash foiled attempts by suspected hackers to siphon off millions from its clients after they detected a pattern of relatively small withdrawals from multiple users sent to only two recipient accounts at another bank late Monday night. CDNDigital READ:
Read more »
GCash completes adjustment of e-wallets affected by reported unauthorized fund transfersFinancial application GCash said it has already completed the adjustment of all e-wallets of users affected by the reported unauthorized deductions. In a statement, GCash said it completed the adjustments as scheduled at 3 p.m. on Tuesday.
Read more »
GCash back online, dismisses hacking speculationsUPDATE: GCash has finished adjusting the e-wallets of users affected by unauthorized transactions on their accounts that reduced their balance.
Read more »
GCash assures customers' accounts safe, urges users to register number for continued access
Read more »
EastWest 'cooperating with authorities,' launches own probe after GCash woesEASTWEST Bank (EWB) is cooperating with authorities after one of its alleged accounts was identified as being behind 'unauthorized cash transfers' from GCash wallet users.
Read more »
Cybertheft hits GCash; P37-M transfers flaggedA ranking Globe official told the Inquirer that GCash foiled the attempts after the company detected the pattern of small withdrawals. The total amount of suspicious transactions was initially estimated at P37 million. READ:
Read more »