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Luis Limlingan, head of research and sales at Regina Capital Development Corporation viewed that most investors could have seen the incident as a one-off event that could be resolved. According to Limlingan the real problem was how BPI dealt with its disgruntled customers. [4] BPI announced that they resolved the issue at 9 p.m. on June 8, 2017.
Internationally, Expressnet cardholders (excluding Landbank and local BPI and Banco de Oro cardholders) are connected to Maestro and Cirrus in the cases of BPI and Banco de Oro and PLUS. Expressnet ATMs link to the same with BDO ATMs also providing access to American Express, Japan Credit Bureau (JCB), Mastercard, Visa and Visa Electron ...
In furtherance of the above-mentioned goal of restricting access to The Pirate Bay and similar sites, the BPI believes that "ISPs are required to block the illegal sites themselves, and proxies and proxy aggregators whose sole or predominant purpose is to give access to the illegal sites."
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A Savings Bank (operating as BPI BanKo) is a wholly owned subsidiary of BPI established through the merging of BPI Direct Savings Bank (the first internet-based bank in the country), allowing expatriate Filipinos and overseas workers in countries like Bahrain or Hong Kong to access and manage their bank accounts at any time) and the BPI Globe ...
BancNet was founded on July 17, 1990, as the Philippines' second ATM consortium when the ATMs of eight banks, PCI Bank (later Equitable PCI Bank, now Banco de Oro), Security Bank, Chinabank, RCBC, Allied Bank (now part of PNB), Metrobank, International Exchange Bank (now part of UnionBank) and CityTrust Banking Corp. (now part of BPI) formed BancNet.
It is unclear whether temporary loss of access to data is enough to trigger liability, or whether GDPR applies to all incidents related to security or only unauthorised access. [51] Further, the incident could be classed as a "personal data breach" which would be a data breach of the GDPR under Article 4 named "Definitions", paragraph 12.
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