DICT-CICC Cybersphere Forum Highlights GCash as a Trust Tech Front Runner with Best Practices

GCash co-presents Cybersphere Philippines Forum, highlighting cybersecurity and cloud trends

GCash, the leading Fintech company in the Philippines, recently co-presented the Cybersphere Philippines Forum at the Shangri-la at the Fort Hotel, which was hosted by the Department of Information and Communications Technology (DICT). The two-day conference brought together leaders and decision-makers in the cybersecurity industry, while showcasing the latest trends and products in ICT, cybersecurity, and cloud technology.

The event received an endorsement from Philippine President Ferdinand Marcos, Jr., who expressed his hope that the summit would provide solutions to address emerging issues in the cybersecurity space. The opening ceremony of the event was graced by DICT Secretary Ivan Uy as the guest of honor. Other participants included officials from the Cybercrime Investigation and Coordinating Center (CICC), National Telecommunications Commission (NTC), National Privacy Commission (NPC), as well as influential figures from the private sector.

GCash, represented by its Chief Technology and Operations Officer, Pebbles Sy, highlighted the company’s best practices in cybersecurity and trust technology. Sy’s speech focused on the topic, “E-Payments: How far can we go to reach the masses securely?” She emphasized how GCash prioritizes security by implementing features such as two-factor authentication, a mobile PIN, and Face ID technology.

Earlier this year, GCash introduced “DoubleSafe,” a security feature that ensures only the account owner can access their account on a new device. In addition to the existing protection provided by two-factor authentication and a mobile PIN, DoubleSafe utilizes Face ID technology to verify the user’s identity.

Apart from investing in cutting-edge security technology, GCash has also ramped up its education campaign against scams through the #GSafeTayo campaign. The campaign aims to empower the public with knowledge on how to protect their digital accounts and transact online with confidence.

During the forum, GCash Chief Risk Officer Ingrid Beroña participated in a panel discussion on managing cybersecurity threats. She emphasized GCash’s commitment to trust and security. Additionally, GCash Chief Information Security Officer Miguel Geronilla shared the company’s experience in protecting users from evolving threats in a panel on cybersecurity. Ren-Ren Reyes, President and CEO of GCash mobile wallet operator G-Xchange, Inc, headlined a panel on the importance of strong public-private sector cooperation in achieving a progressive national digitalization program.

GCash has taken a proactive approach in combating fraud and cybercrime by partnering with law enforcement agencies such as the Philippine National Police Anti-Cybercrime Group (PNP-ACG), National Bureau of Investigation (NBI), and the DICT and CICC.

The company remains committed to strengthening its credibility by continuously innovating and investing in security measures to protect its customers. However, GCash also acknowledges that cybersecurity is a shared responsibility with its users and other partners and stakeholders.

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